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Endocyte, Inc. Message Board

  • justarook04 justarook04 Jul 7, 2014 7:42 AM Flag

    Zacks rating of Endocyte for what it's worth

    They have ECYT as a "Strong buy" today - hmmmmmmm

    "After all, the Zacks Earnings ESP compares the most accurate estimate to the broad consensus, looking to find stocks that have seen big revisions as of late, suggesting that analysts have recently become more bullish on the company’s earnings prospects. This is the case for ECYT, as the firm currently has a positive Zacks Earnings ESP, so another beat could be around the corner.

    This is particularly true when you consider that ECYT has a great Zacks Rank #1 (Strong Buy) which can be a harbinger of outperformance and a signal for a strong earnings profile. And when you add this solid Zacks Rank to a positive Earnings ESP, a positive earnings surprise happens nearly 70% of the time, so it seems pretty likely that ECYT could see another beat at its next report, especially if recent trends are any guide."

    Sentiment: Buy

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