Momentum Stocks Try To Beat Analysts’ Views: New Residential Investment (NYSE:NRZ), The Hartford Financial Services Group (NYSE:HIG)

New Residential Investment Corp. (NYSE:NRZ) [Trend Analysis] luring active investment momentum, shares an advance 0.97% to $16.67. The NRZ held a rough session during the week but was ready to get some critical analysis. The stock was assessed by a pool of analysts at WSJ and came out with some serious outcomes not to be avoided before making investment. The NRZ ratings chart showed that 1 gave HOLD ratings for the current month as 1 analyst opting for Overweight option for same period, whereas, 1 analyst out of pool gave UNDERWEIGHT rating. For stocks’ current month, 8 analysts opted for BUY ratings. The stock price target chart showed average price target of 16.75 as compared to current price of 16.67.

Taking look on per share earnings estimates, its next year first quarter current estimate trend for EPS was for $0.51 and on annual basis FY 2016 estimate trends at current was for $2.07 as compared to one month ago of $2.03, and for next year per share earnings estimates have $2.09. The total volume of 4.93 Million shares held in the session was surprisingly higher than its average volume of 4071.38 shares. EPS estimates indicating constrictive facts, the current year from sell-side analysts, Price to current year EPS stands at -47.60%, and looking further price to next year’s EPS is 2.31%. While take a short look on price to sales ratio, that was 5.02 and price to earnings ratio of 10.16 attracting passive investors.

Shares of The Hartford Financial Services Group, Inc. (NYSE:HIG) [Trend Analysis] runs in leading trade, it moving down -0.49% to traded at $48.69. The firm has price volatility of 1.06% for a week and 1.25% for a month. Its beta stands at 1.12 times. Lets us look over what analysts have to say about performance of the HIG. Starting with EPS for the final quarter of this year. EPS is usually the indicator of profitability for the company. According to WSJ analysis, the Q4 2016 current estimates trends were for $1.01 as compared to the next year Q1 current trend of $0.96. While on annual basis the current EPS estimates trend for FY 2017 came in for $4.51 as compared to three months ago $4.56.

The stock prices target chart showed high target of 56 kept by analysts at WSJ while the average price target was for 52.67 as compared to current price of 48.69. Somehow, the stock managed to gain BUY ratings by 5 analysts in current tenure as 1 analyst having overweight ratings, 11 recommend as HOLD, none stands at Underweight and 0 gave it as a SELL security for current period. Overall, the consensus ratings were for Overweight by the pool of analysts.

Narrow down four to firm performance, its weekly performance was 0.39% and monthly performance was 2.08%. The stock price of HIG is moving up from its 20 days moving average with 1.06% and isolated positively from 50 days moving average with 1.06%.

 

About Devon Leftovich

Devon Leftovich is an entrepreneur. He has been writing and editing professionally for over six years. He is admin editor and senior content writer of SWR. However, he has determined to give investors something rare, a dignified partner who can manage money with integrity and a clear conscience about the degree of due diligence behind investment decisions. He said, "I love the financial world because it is like one big puzzle and I hope we the SWR help each other out to solve the puzzle to help us realize our dreams." Interests: Analysis of different Companies; including news and analyst rating updates. He performs analysis of Companies and publicizes important information for investor/traders community. Stocks long-term and short-term holding views, Tech Stocks

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