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Why Five Star Quality Care (FVE) Could Be Positioned for a Surge

Five Star Quality Care Inc. FVE, which is in the business of leasing and operating senior living facilities, could be an interesting play for investors. That is because, not only does the stock have decent short-term momentum, but it is seeing solid activity on the earnings estimate revision front as well.

These positive earnings estimate revisions suggest that analysts are becoming more optimistic on FVE’s earnings for the coming quarter and year. In fact, consensus estimates have moved sharply higher for both of these time frames over the past four weeks, suggesting that Five Star Quality Carecould be a solid choice for investors.

Current Quarter Estimates for FVE

In the past 30 days, 1 estimate has gone higher for Five Star Quality Carewhile none have gone lower in the same time period. The trend has been pretty favorable too, with estimates narrowing from a loss of 2 cents a share 30 days ago, to a loss of 1 cent per share today, a move of 50%.

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Current Year Estimates for FVE

Meanwhile, Five Star Quality Care’s current year figures are also looking quite promising, with 1 estimate moving higher in the past month, compared to none lower. The consensus estimate trend has also seen a boost for this time frame, narrowing from a loss of 6 cents per share 30 days ago to a loss of 2 cents per share today, an increase of 66.7%.

FIVE STAR QLTY Price and Consensus

FIVE STAR QLTY Price and Consensus | FIVE STAR QLTY Quote

Bottom Line

The stock has also started to move higher lately, adding 15.7% over the past four weeks, suggesting that investors are starting to take note of this impressive story. So investors may definitely want to consider this Zacks Rank #2 (Buy) stock to profit in the near future.

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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
 
FIVE STAR QLTY (FVE): Free Stock Analysis Report
 
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