One company that should be on your radar is Ladenburg Thalmann Financial Services Inc. (LTS). The stock of this investment brokerage company has seen its Zacks Rank surge over the past four weeks, moving from Neutral territory to its current position as a Strong Buy.
A key reason for this move has been the positive trend in the earnings estimate revisions picture. For LTS’s full year estimate, we have seen 1 estimate go higher in the past 60 days, compared to no downward revision over the same time frame. This trend has helped the consensus estimate to trend higher, improving from a loss of 7 cents a share 2 months ago to its current level of a 4 cents loss.
This positive shift in estimates has made some investors take notice and buy the stock. In fact, LTS has seen some pretty solid trading lately, as the company has moved higher by 14.9% in the past month.
If Ladenburg Thalmann can keep up this great momentum on the earnings estimate front and continue to impress analysts, we could see more gains ahead for this company, suggesting that you might want to put LTS on your watch list for the future.
Other top-ranked stocks worth considering in this space include Evercore Partners Inc. (EVR), Investment Technology Group Inc. (ITG), and JMP Group Inc. (JMP). All these carry a Zacks Rank #2 (Buy).
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LADENBURG THALMANN FINCL SVCS (LTS): Free Stock Analysis Report
EVERCORE PARTNERS INC (EVR): Free Stock Analysis Report
INVESTMENT TECH GRP (ITG): Free Stock Analysis Report
JMP GROUP INC (JMP): Free Stock Analysis Report
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