We use cookies to understand how you use our site and to improve your experience. This includes personalizing content and advertising. To learn more, click here. By continuing to use our site, you accept our use of cookies, revised Privacy Policy and Terms of Service.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Why Franco-Nevada (FNV) Could Be Positioned for a Surge
Read MoreHide Full Article
Franco-Nevada Corporation (FNV - Free Report) is a leading gold-focused royalty and stream company that could be an interesting play for investors. That is because, not only does the stock have decent short-term momentum, but it is seeing solid activity on the earnings estimate revision front as well.
These positive earnings estimate revisions suggest that analysts are becoming more optimistic on FNV’s earnings for the coming quarter and year. In fact, consensus estimates have moved sharply higher for both of these time frames over the past four weeks, suggesting that Franco-Nevada could be a solid choice for investors.
Current Quarter Estimates for FNV
In the past 30 days, two estimates have gone higher for Franco-Nevada while none have gone lower in the same time period. The trend has been pretty favorable too, with estimates increasing from 36 cents a share 30 days ago, to 40 cents today, a move of 11.1%.
Current Year Estimates for FNV
Meanwhile, Franco-Nevada’s current year figures are also looking quite promising, with four estimates moving higher in the past month, compared to none lower. The consensus estimate trend has also seen a boost for this time frame, increasing from $1.36 per share 30 days ago to $1.49 per share today, an increase of 9.5%.
The stock has also started to move higher lately, adding 9.6% over the past four weeks, suggesting that investors are starting to take note of this impressive story. So, investors may want to consider this Zacks Rank #1 (Strong Buy) stock to profit in the near future. You can see the complete list of today’s Zacks #1 Rank stocks here.
Looking for Stocks with Skyrocketing Upside?
Zacks has just released a Special Report on the booming investment opportunities of legal marijuana.
Ignited by new referendums and legislation, this industry is expected to blast from an already robust $6.7 billion to $20.2 billion in 2021. Early investors stand to make a killing, but you have to be ready to act and know just where to look.
Image: Bigstock
Why Franco-Nevada (FNV) Could Be Positioned for a Surge
Franco-Nevada Corporation (FNV - Free Report) is a leading gold-focused royalty and stream company that could be an interesting play for investors. That is because, not only does the stock have decent short-term momentum, but it is seeing solid activity on the earnings estimate revision front as well.
These positive earnings estimate revisions suggest that analysts are becoming more optimistic on FNV’s earnings for the coming quarter and year. In fact, consensus estimates have moved sharply higher for both of these time frames over the past four weeks, suggesting that Franco-Nevada could be a solid choice for investors.
Current Quarter Estimates for FNV
In the past 30 days, two estimates have gone higher for Franco-Nevada while none have gone lower in the same time period. The trend has been pretty favorable too, with estimates increasing from 36 cents a share 30 days ago, to 40 cents today, a move of 11.1%.
Current Year Estimates for FNV
Meanwhile, Franco-Nevada’s current year figures are also looking quite promising, with four estimates moving higher in the past month, compared to none lower. The consensus estimate trend has also seen a boost for this time frame, increasing from $1.36 per share 30 days ago to $1.49 per share today, an increase of 9.5%.
Franco-Nevada Corporation Price and Consensus
Franco-Nevada Corporation price-consensus-chart | Franco-Nevada Corporation Quote
Bottom Line
The stock has also started to move higher lately, adding 9.6% over the past four weeks, suggesting that investors are starting to take note of this impressive story. So, investors may want to consider this Zacks Rank #1 (Strong Buy) stock to profit in the near future. You can see the complete list of today’s Zacks #1 Rank stocks here.
Looking for Stocks with Skyrocketing Upside?
Zacks has just released a Special Report on the booming investment opportunities of legal marijuana.
Ignited by new referendums and legislation, this industry is expected to blast from an already robust $6.7 billion to $20.2 billion in 2021. Early investors stand to make a killing, but you have to be ready to act and know just where to look.
See the pot trades we're targeting>>