The Zacks Analyst Blog Highlights: Etsy, Calix, BWX Technologies, ManTech and Perficient
For Immediate Release
Chicago, IL – September 4, 2020 – Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include: Etsy, Inc. ETSY, Calix, Inc. CALX, BWX Technologies, Inc. BWXT, ManTech International Corporation MANT and Perficient, Inc. PRFT.
Here are highlights from Thursday’s Analyst Blog:
Why Brokers Like These 5 Tech Stocks
It’s no secret that this has been a HUGE tech-driven rally.
The Q2 earnings season basically confirmed what we suspected all along: that the pandemic has given an unprecedented push to the sector as companies of every shape and size are racing to increase their digital capabilities.
By some estimates, five years of tech spending have been pulled into the present, putting the tech sector on steroids. This is no mean feat when you consider the fact that they were already in various stages of preparedness for the eventuality of a tech-driven future.
With every wave of growth there have been an increasing number of naysayers, people who would rather play safe. But they’ve been accompanied by an equally big number of people unable to bet against it.
So there’s no time like now to go big on tech because the momentum is simply out of this world.
But of course, not all trades are about momentum. Sometimes, you come across attractive growth stocks too. And sometimes, they aren’t the big names everyone is hollering about. So you can quietly wait for the opportune tim eto jump
And guess what? Brokers are betting on these names too. Let’s take a look-
Etsy
Etsy offers online and offline marketplaces for ecommerce in the art, home and living, mobile accessories, jewelry, wedding and other categories. It operates primarily in Hudson (New York), San Francisco (California), Berlin (Germany), Dublin (Ireland), London (UK), Paris (France), Toronto (Canada) and Melbourne (Australia).
Zacks Rank #1 (Strong Buy) (average broker rating 1.49, equivalent to Buy)
Industry: Internet - Services (top 47%)
Growth Score A
Revenue and earnings are expected to grow both this year and the next.
The current year EPS is expected to grow 169.7% from $0.76 to $2.05.
2021 EPS is expected to grow 1.8% from $3.32 to $3.43.
The Zacks Consensus Estimate for current year earnings is up 42.6% in the last 60 days.
Calix
Calix offers cloud and software platforms and systems including related services for unified access to communications service providers (CSPs) primarily in the U.S., the Middle East, Canada, Europe and the Caribbean. Its products facilitate the provision of a range of services, including basic voice, data and advanced broadband services.
Zacks Rank #2 (Buy) (average broker rating 1.00, equivalent to Strong Buy)
Industry: Communication – Infrastructure (top 20%)
Growth Score A
Revenue and earnings are expected to grow both this year and the next.
The current year EPS is expected to grow 766.7% from 6 cents to 52 cents.
2021 EPS is expected to grow 23.7% from 52 cents to 64 cents.
The Zacks Consensus Estimate for current year earnings is up 116.7% in the last 60 days.
BWX Technologies
BWX Technologies supplies precision manufactured nuclear components and services to the nuclear power industry. Its technical, management and site services enable government departments like the United States Department of Energy and National Nuclear Security Administration's Naval Nuclear Propulsion Program in complex operations and environmental remediation activities. It operates primarily in the U.S and Canada.
Zacks Rank #2 (average broker rating 1.40, equivalent to Strong Buy)
Industry: Electronics - Miscellaneous Components (top 27%)
Growth Score A
Revenue and earnings are expected to grow both this year and the next.
The current year EPS is expected to grow 9.5% from $2.62 to $2.87.
2021 EPS is expected to grow 10.1% from $2.87 to $3.16.
The Zacks Consensus Estimate for current year earnings is up 2.5% in the last 60 days.
ManTech International
ManTech International Corporation provides innovative technologies and solutions (including systems engineering and integration, software development, security architecture, intelligence operations support, network and critical infrastructure protection, IT communications integration and engineering support) for mission-critical national security programs for the Intelligence Community; the Departments of Defense, State, Homeland Security, and Justice; the Space Community; and other U.S. federal government customers. It also provides physical and cyber security to U.S. embassies all over the world.
Zacks Rank #2 (average broker rating 1.89, equivalent to Buy)
Industry: Computer - Services (top 12%)
Growth Score A
Revenue and earnings are expected to grow both this year and the next.
The current year EPS is expected to grow 9.3% from $2.91 to $3.18.
2021 EPS is expected to grow 7.8% from $3.18 to $3.43.
The Zacks Consensus Estimate for current year earnings is up 4.6% in the last 60 days.
Perficient
Perficient provides consultation services for digital transformation spanning information technology, management consulting and creative capabilities with the goal of improving productivity and competitiveness; strengthening relationships with customers, suppliers and partners; and cost reduction.
Zacks Rank #2 (average broker rating 1.50, equivalent to Buy)
Industry: Computer - Services (top 12%)
Growth Score A
Revenue and earnings are expected to grow both this year and the next.
The current year EPS is expected to grow 10.1% from $2.07 to $2.28.
2021 EPS is expected to grow 7.8% from $2.28 to $2.55.
The Zacks Consensus Estimate for current year earnings is up 13.4% in the last 60 days.
Biggest Tech Breakthrough in a Generation
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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.
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Past performance is no guarantee of future results. Inherent in any investment is the potential for loss. This material is being provided for informational purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. It should not be assumed that any investments in securities, companies, sectors or markets identified and described were or will be profitable. All information is current as of the date of herein and is subject to change without notice. Any views or opinions expressed may not reflect those of the firm as a whole. Zacks Investment Research does not engage in investment banking, market making or asset management activities of any securities. These returns are from hypothetical portfolios consisting of stocks with Zacks Rank = 1 that were rebalanced monthly with zero transaction costs. These are not the returns of actual portfolios of stocks. The S&P 500 is an unmanaged index. Visit https://www.zacks.com/performance for information about the performance numbers displayed in this press release.
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Calix, Inc (CALX) : Free Stock Analysis Report
ManTech International Corporation (MANT) : Free Stock Analysis Report
Perficient, Inc. (PRFT) : Free Stock Analysis Report
Etsy, Inc. (ETSY) : Free Stock Analysis Report
BWX Technologies, Inc. (BWXT) : Free Stock Analysis Report
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