U.S. Markets closed
  • S&P Futures

    4,248.50
    +2.00 (+0.05%)
     
  • Dow Futures

    34,288.00
    0.00 (0.00%)
     
  • Nasdaq Futures

    14,045.25
    +15.00 (+0.11%)
     
  • Russell 2000 Futures

    2,315.90
    +0.20 (+0.01%)
     
  • Crude Oil

    72.45
    +0.33 (+0.46%)
     
  • Gold

    1,859.70
    +3.30 (+0.18%)
     
  • Silver

    27.82
    +0.13 (+0.46%)
     
  • EUR/USD

    1.2130
    -0.0003 (-0.0243%)
     
  • 10-Yr Bond

    1.4990
    -0.0020 (-0.13%)
     
  • Vix

    17.02
    +0.63 (+3.84%)
     
  • GBP/USD

    1.4083
    +0.0001 (+0.0042%)
     
  • USD/JPY

    110.0790
    +0.0450 (+0.0409%)
     
  • BTC-USD

    40,116.98
    -381.47 (-0.94%)
     
  • CMC Crypto 200

    996.43
    -14.17 (-1.40%)
     
  • FTSE 100

    7,172.48
    +25.80 (+0.36%)
     
  • Nikkei 225

    29,441.30
    0.00 (0.00%)
     

Why You Shouldn't Bet Against Sierra Bancorp (BSRR) Stock

  • 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 Sierra Bancorp BSRR. This is because this security in the Banks - West 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 - West space as it currently has a Zacks Industry Rank of 18 out of more than 250 industries, suggesting it is well-positioned from this perspective, especially when compared to other segments out there.

Meanwhile, Sierra Bancorp 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.

Sierra Bancorp Price and Consensus

Sierra Bancorp Price and Consensus
Sierra Bancorp Price and Consensus

Sierra Bancorp price-consensus-chart | Sierra Bancorp Quote

In fact, over the past month, current quarter estimates have risen from 63 cents per share to 64 cents per share, while current year estimates have risen from $2.54 to $2.58 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 Sierra Bancorp. 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.

More Stock News: This Is Bigger than the iPhone!

It could become the mother of all technological revolutions. Apple sold a mere 1 billion iPhones in 10 years but a new breakthrough is expected to generate more than 77 billion devices by 2025, creating a $1.3 trillion market.

Zacks has just released a Special Report that spotlights this fast-emerging phenomenon and 4 tickers for taking advantage of it. If you don't buy now, you may kick yourself in 2022.

Click here for the 4 trades >>


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

Sierra Bancorp (BSRR) : Free Stock Analysis Report

To read this article on Zacks.com click here.

Zacks Investment Research