by Zacks Equity Research Published on July 23, 2014: How Swift Energy (SFY) Stock Stands Out in a Strong Industry
by Zacks Equity Research Published on July 23, 2014
One stock that might be an intriguing choice for investors right now is Swift Energy Co. (SFY - Snapshot Report). This is because this security in the Oil-US Export & Production space is seeing solid earnings estimate revision activity, and is in great company from a Zacks Industry Rank perspective.
This is important because, often times, a rising tide will lift all boats in an industry, as there can be broad trends taking place in a segment that are boosting securities across the board. This is arguably taking place in the Oil-US Export & Production space as it currently has a Zacks Industry Rank of 31 out of more than 250 industries, suggesting it is well-positioned from this perspective, especially when compared to other segments out there.
Meanwhile, Swift Energy is actually looking pretty good on its own too. The firm has seen solid earnings estimate revision activity over the past month, suggesting analysts are becoming a bit more bullish on the firm’s prospects in both the short and long term.
In fact, over the past month, current quarter estimates have risen from 1 cent per share to 2 cent per share, while current year estimates have risen from 14 cents per share to 15 cents per share. This has helped SFY to earn a Zacks Rank #1 (Strong Buy), further underscoring the company’s solid position.
So, if you are looking for a decent pick in a strong industry, consider Swift Energy. Not only is its industry currently in the top third, but it is seeing solid estimate revisions as of late, suggesting it could be a very interesting choice for investors seeking a name in this great industry segment
It's supposed to be an El Nino this year...so, I hope that your logic is wrong because that would make for a warm east coast winter.
Interesting observation but spending tens of millions on a grudge is
just plain crazy, even if true. Maybe something else?
It's a personal grudge against Terry Swift - third generation syndrome ?
The book value and net tangible assets here are twice the current market capitalization.
The greasy shorts are playing with fire. I smell bacon.
Why would they single out this particular company to this extent?
Is there any rational reason?
Short hedge funds are spending millions to keep it down to cover their short position. As a PE I think it is a winner company. I am also buying as much as possible.
It's the strip prices for NG or hedged volumes at good prices for the next two years that matter, not Q earnings which are backward looking. The next opportunity for SFY to advance will be an early and sustained Jack Frost.
It is a great opportunity to buy more. The Shorts game is to manipulate the share price to scare retail investors to cover short positions. I believe this stock is going to well over $35
Agree... Just hold your shares, do not give shorts opportunity to cover. It is going to be well over $35
I think earnings are going to spin heads and shorts are gonna get it. All these companies doing these upgrades know how to read numbers and a lot of public information points to a big movement coming. Non public information as of yet will be seen in the next week. Shorts are truly gambling at this point.
That stupid article was about what was...not what is! For those who shorted SFY at $30, I salute you! For those who are short now...BEWARE!
If this company was the same company it was then that it is now, it never would have dropped and would be trading in the upper $30's.
We will get there again and in my opinion, very soon.
The next earnings report will catch the shorts with their shorts down.
All these new upgrades are because they know that revenues are way up and these analysts want the credibility of predicting the uptick that we will see in the next two weeks.
Going from mismanaged, overpriced and a heavy debt burden...to a well run, profitable company will make heads spin.