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Smart Technologies Inc. (SMT) is a Canada based developer of interactive technology products and solutions that 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 SMT’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 Smart Technologies could be a solid choice for investors.

Current Quarter Estimates for SMT

In the past 30 days, the trend has been pretty favorable, with estimates increasing from 8 cents per share 30 days ago, to 9 cents per share today, a move of 12.5%.

Current Year Estimates for SMT

Meanwhile, Smart Technologies’ current year figures are also looking quite promising, with the consensus estimate increasing from 22 cents per share 30 days ago to 32 cents per share today, an improvement of 45.5%.

Bottom Line

The stock has also started to move higher lately, adding 8.65% 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 #3 (Hold) stock to profit in the near future.

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