Advertisement
Singapore markets closed

  • Straits Times Index

    3,176.51
    -11.15 (-0.35%)
     

  • Nikkei

    37,068.35
    -1,011.35 (-2.66%)
     

  • Hang Seng

    16,224.14
    -161.73 (-0.99%)
     

  • FTSE 100

    7,895.85
    +18.80 (+0.24%)
     

  • Bitcoin USD

    63,935.12
    +1,651.04 (+2.65%)
     

  • CMC Crypto 200

    1,371.97
    +59.34 (+4.52%)
     

  • S&P 500

    4,967.23
    -43.89 (-0.88%)
     

  • Dow

    37,986.40
    +211.02 (+0.56%)
     

  • Nasdaq

    15,282.01
    -319.49 (-2.05%)
     

  • Gold

    2,406.70
    +8.70 (+0.36%)
     

  • Crude Oil

    83.24
    +0.51 (+0.62%)
     

  • 10-Yr Bond

    4.6150
    -0.0320 (-0.69%)
     

  • FTSE Bursa Malaysia

    1,547.57
    +2.81 (+0.18%)
     

  • Jakarta Composite Index

    7,087.32
    -79.50 (-1.11%)
     

  • PSE Index

    6,443.00
    -80.19 (-1.23%)
     

How BrightSphere (BSIG) Stock Stands Out in a Strong Industry

Zacks Equity Research
·2-min read

One stock that might be an intriguing choice for investors right now is BrightSphere Investment Group Inc. BSIG. This is because this security in the Financial - Investment Management space is seeing solid earnings estimate revision activity, and is in great company from a Zacks Industry Rank perspective.

This is important because, often times, a rising tide will lift all boats in an industry, as there can be broad trends taking place in a segment that are boosting securities across the board. This is arguably taking place in the Financial - Investment Management space as it currently has a Zacks Industry Rank of 25 out of more than 250 industries, suggesting it is well-positioned from this perspective, especially when compared to other segments out there.

Meanwhile, BrightSphere is actually looking pretty good on its own too. The firm has seen solid earnings estimate revision activity over the past month, suggesting analysts are becoming a bit more bullish on the firm’s prospects in both the short and long term.

BrightSphere Investment Group Inc. Price and Consensus

BrightSphere Investment Group Inc. Price and Consensus
BrightSphere Investment Group Inc. Price and Consensus

BrightSphere Investment Group Inc. price-consensus-chart | BrightSphere Investment Group Inc. Quote

ADVERTISEMENT

In fact, over the past month, current quarter estimates have risen from 31 cents per share to 35 cents per share, while current year estimates have risen from $1.38 per share to $1.55 per share. This has helped BSIG to earn a Zacks Rank #1 (Strong Buy), further underscoring the company’s solid position You can see the complete list of today’s Zacks #1 Rank stocks here. 

So, if you are looking for a decent pick in a strong industry, consider BrightSphere. Not only is its industry currently in the top third, but it is seeing solid estimate revisions as of late, suggesting it could be a very interesting choice for investors seeking a name in this great industry segment.

Looking for Stocks with Skyrocketing Upside?

Zacks has just released a Special Report on the booming investment opportunities of legal marijuana.   

Ignited by new referendums and legislation, this industry is expected to blast from an already robust $6.7 billion to $20.2 billion in 2021. Early investors stand to make a killing, but you have to be ready to act and know just where to look. 

See the pot trades we're targeting>>


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
 
BrightSphere Investment Group Inc. (BSIG) : Free Stock Analysis Report
 
To read this article on Zacks.com click here.
 
Zacks Investment Research