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The Zacks Analyst Blog Highlights: Knowles, BlackBerry, eGain, CrossAmerica and Digital Turbine

Zacks Equity Research
Alteryx's (AYX) first-quarter 2019 results are expected to benefit from portfolio strength and expanding customer base.

For Immediate Release

Chicago, IL –April 3, 2019 – 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: Knowles Corp. KN, BlackBerry Ltd. BB, eGain Corp. EGAN, CrossAmerica Partners LP CAPL and Digital Turbine, Inc. APPS.

Here are highlights from Tuesday’s Analyst Blog:

5 Stocks Under $20 to Buy Right Now

At Zacks, we try to avoid labeling stocks as “cheap” or “expensive.” Instead, we opt to look beyond a stock’s face value, and our system puts an emphasis on earnings estimate revisions to find stocks that will hopefully be winners for investors.

With that said, low-priced stocks can still be attractive to investors as they present the chance to take a larger position in a company, which they might not be able to in higher-priced stocks. When searching for these low-priced stocks, we still look for similar trends in growth, value, and momentum. Then we apply the Zacks Rank to properly analyze the potential that these companies have.

When looking at these low-priced stocks, we can look at the same trends in growth, value, and momentum and apply the Zacks Rank to properly analyze the potential that these companies have.

Today we’ve highlighted 10 stocks that are currently trading for under $20 per share. All of these stocks sport a Zacks Rank #2 (Buy) or better at the moment, along with a variety of other positive factors that help these companies stand out.

Knowles Corp.

Prior Close: $17.77 USD

Knowles Corporation provides audio processing, advanced micro-acoustic, and precision device solutions geared toward IoT products, mobile devices, microphones, hearing aids, and more. The firm is coming off a better-than-expected Q4 and has seen its stock price jump over 33% this year. KN is trading at an industry matching 20.2X forward 12-month Zacks Consensus EPS estimates. Knowles is projected to see its adjusted full-year earnings jump nearly 9% this year to $1.10 per share, based on our Zacks Consensus Estimate. Plus, KN’s fiscal 2020 EPS figure is expected to climb over 15% above our current-year estimate and its positive longer-term earnings estimate revision activity helps Knowles earn a Zacks Rank #1 (Buy) at the moment.

BlackBerry Ltd.

Prior Close: $9.62 USD

BlackBerry is best known to the public for its once-iconic brand of smartphones, but the company ditched hardware manufacturing recently and now serves as an enterprise software and services company. This transition is finally getting the attention of analysts, and positive earnings estimates have earned the stock a Zacks Rank #1 (Strong Buy). Shares of BB have soared 35% this year. The company has also managed to surpass EPS estimates in 12 consecutive quarters, with an average surprise of 108% in the trailing four periods. Better yet, BlackBerry looks poised for long-term growth, with earnings expected to expand at an annualized rate of nearly 19% over the next three to five years.

eGain Corp.

Prior Close: $10.35 USD

Shares of eGain have skyrocketed 56% in 2019. The software-as-a-service provider of customer engagement solutions in the U.S., U.K., India, and beyond, is projected to see its current-year—which ends on June 30—revenue pop 10.4%, with fiscal 2020’s top-line expected to come in 14.4% above our 2019 estimate. Meanwhile, eGain’s adjusted quarterly earnings are projected to surge 50%, while its full-year EPS figure is expected to skyrocket 216.7%. And our Zacks Consensus Estimate for the current year has improved by 137.5% over the last 60 days, which helps eGain sport a Zacks Rank #1 (Strong Buy) and an “A” grade for Growth in our Style Scores system.

CrossAmerica Partners LP

Prior Close: $18.40 USD

CrossAmerica Partners LP is a wholesale distributor of gasoline and diesel fuel and also owns and leases real estate used in the industry. Shares of CAPL have surged 30% this year and the company’s current quarter revenues are projected to surge roughly 15%. More impressively, CrossAmerica Partners’ adjusted EPS figure is expected to skyrocket 317%. This triple-digit bottom-line expansion is projected to continue in the upcoming full-year to the tune of a 555% jump from $0.11 per share in the year-ago to $0.72 per share. CAPL sports a great P/S ratio of 0.26 and its positive earnings estimate revision activity helps it earn a Zacks Rank #1 (Strong Buy).

Digital Turbine, Inc.

Prior Close: $3.56 USD

Digital Turbine tries to connect OEMs, mobile operators, and publishers with advertisers and app developers, and its positive longer-term earnings revision activity helps it earn a Ranks Rank #1 (Strong Buy). APPS is coming off a third quarter that saw it top earnings and revenue estimates. The Austin, Texas-based firm also rocks an “A” grade for Growth and is expected to swing from an adjusted loss to post earnings of $0.02 a share in the current quarter, for a 300% expansion. Digital Turbine’s revenue is also expected to surge approximately 26% in the next two quarters. Furthermore, the firm’s full-year EPS figure is projected to soar 240%, with 67% growth projected in the following year.

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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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eGain Corporation (EGAN) : Free Stock Analysis Report
 
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Knowles Corporation (KN) : Free Stock Analysis Report
 
CrossAmerica Partners LP (CAPL) : Free Stock Analysis Report
 
BlackBerry Limited (BB) : Free Stock Analysis Report
 
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