U.S. Markets closed
  • S&P 500

    4,221.86
    -1.84 (-0.04%)
     
  • Dow 30

    33,823.45
    -210.22 (-0.62%)
     
  • Nasdaq

    14,161.35
    +121.67 (+0.87%)
     
  • Russell 2000

    2,287.46
    -27.23 (-1.18%)
     
  • Crude Oil

    71.06
    -1.09 (-1.51%)
     
  • Gold

    1,774.30
    -87.10 (-4.68%)
     
  • Silver

    25.95
    -1.86 (-6.69%)
     
  • EUR/USD

    1.1910
    -0.0090 (-0.7504%)
     
  • 10-Yr Bond

    1.5110
    -0.0580 (-3.70%)
     
  • Vix

    17.75
    -0.40 (-2.20%)
     
  • GBP/USD

    1.3929
    -0.0058 (-0.4123%)
     
  • USD/JPY

    110.2340
    -0.3790 (-0.3426%)
     
  • BTC-USD

    37,709.41
    -999.39 (-2.58%)
     
  • CMC Crypto 200

    937.00
    -32.88 (-3.39%)
     
  • FTSE 100

    7,153.43
    -31.52 (-0.44%)
     
  • Nikkei 225

    29,018.33
    -272.68 (-0.93%)
     

Is Veritex Holdings (VBTX) Stock a Solid Choice Right Now?

  • Oops!
    Something went wrong.
    Please try again later.
·2 min read
  • Oops!
    Something went wrong.
    Please try again later.

One stock that might be an intriguing choice for investors right now is Veritex Holdings, Inc. VBTX. This is because this security in the Banks - Southeast 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 Banks - Southeast space as it currently has a Zacks Industry Rank of 27 out of more than 250 industries, suggesting it is well-positioned from this perspective, especially when compared to other segments out there.

Meanwhile, Veritex Holdings 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.

Veritex Holdings, Inc. Price and Consensus

Veritex Holdings, Inc. Price and Consensus
Veritex Holdings, Inc. Price and Consensus

Veritex Holdings, Inc. price-consensus-chart | Veritex Holdings, Inc. Quote

In fact, over the past month, current quarter estimates have risen from 39 cents per share to 49 cents per share, while current year estimates have risen from $1.40 per share to $1.47 per share. The company currently carries a Zacks Rank #3 (Hold), which is also a favorable signal. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

So, if you are looking for a decent pick in a strong industry, consider Veritex Holdings. 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.

Biggest Tech Breakthrough in a Generation

Be among the early investors in the new type of device that experts say could impact society as much as the discovery of electricity. Current technology will soon be outdated and replaced by these new devices. In the process, it’s expected to create 22 million jobs and generate $12.3 trillion in activity.

A select few stocks could skyrocket the most as rollout accelerates for this new tech. Early investors could see gains similar to buying Microsoft in the 1990s. Zacks’ just-released special report reveals 8 stocks to watch. The report is only available for a limited time.

See 8 breakthrough stocks now>>


Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
 
Veritex Holdings, Inc. (VBTX) : Free Stock Analysis Report
 
To read this article on Zacks.com click here.