U.S. Markets open in 7 hrs 26 mins

Why ARI Network Services (ARIS) Could Be Positioned for a Surge

Zacks Equity Research

ARI Network Services, Inc. ARIS is a business-to-business Internet e-commerce solutions provider 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 ARIS’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 ARI Network Services could be a solid choice for investors.

Current Quarter Estimates for ARIS

In the past 30 days, one estimate has gone higher for ARI Network while none have gone lower in the same time period. The trend has been pretty favorable too, with estimates increasing from 3 cents a share 30 days ago, to 4 cents today, a move of 33.3%.

Current Year Estimates for ARIS

Meanwhile, ARI Network’s current year figures are also looking quite promising, with two 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 9 cents per share 30 days ago to 14 cents per share today, an increase of 55.6%.

ARI Network Services, Inc. Price and Consensus

ARI Network Services, Inc. Price and Consensus | ARI Network Services, Inc. Quote

Bottom Line

The stock has also started to move higher lately, adding 31.5% over the past four weeks, suggesting that investors are starting to take note of this impressive story. So investors may definitely 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.

Today's Stocks from Zacks' Hottest Strategies

It's hard to believe, even for us at Zacks. But while the market gained +18.8% from 2016 - Q1 2017, our top stock-picking screens have returned +157.0%, +128.0%, +97.8%, +94.7%, and +90.2% respectively.

And this outperformance has not just been a recent phenomenon. Over the years it has been remarkably consistent. From 2000 - Q1 2017, the composite yearly average gain for these strategies has beaten the market more than 11X over. Maybe even more remarkable is the fact that we're willing to share their latest stocks with you without cost or obligation. See Them Free>>


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
 
ARI Network Services, Inc. (ARIS) : Free Stock Analysis Report
 
To read this article on Zacks.com click here.