eHeal
eHealth (EHTH) seems a gorgeous decide, because it has been just lately upgraded to a Zacks Rank #1 (Sturdy Purchase). This improve primarily displays an upward development in earnings estimates, which is likely one of the strongest forces impacting inventory costs.
An organization’s altering earnings image is on the core of the Zacks ranking. The system tracks the Zacks Consensus Estimate — the consensus measure of EPS estimates from the sell-side analysts masking the inventory — for the present and following years.
The facility of a altering earnings image in figuring out near-term inventory worth actions makes the Zacks ranking system extremely helpful for particular person traders, since it may be troublesome to make selections primarily based on ranking upgrades by Wall Avenue analysts. These are largely pushed by subjective elements which are exhausting to see and measure in actual time.
As such, the Zacks ranking improve for eHealth is actually a constructive touch upon its earnings outlook that would have a good impression on its inventory worth.
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