Legacy Reserves Inc fka LGCYQ

[reaper247]

Why Legacy Reserves (LGCY) Could Shock the Market Soon
by Zacks Equity Research Published on June 13, 2017

“It can be very difficult to find companies that are both flying under the radar, and still might have potential for gains. Many times, stocks are off investors’ radar screens for a reason, though there are some hidden gems that could be worth uncovering by those with a high risk tolerance.

One way to find these underappreciated stocks is by looking at companies that haven’t seen their share prices move higher lately, but have observed analysts raising earnings estimates for their stock. This trend could signal that investors haven’t quite embraced the rising estimate story yet, but that the potential for a big move higher is definitely there.

One such company that looks well positioned for a solid gain, but has been overlooked by investors lately, is Legacy Reserves LP (LGCY - Free Report) . This Oil and Gas - Exploration and Production – U.S. stock has actually seen estimates rise over the past month for the current fiscal year by about 51.9%. But that is not yet reflected in its price, as the stock lost 28.6% over the same time frame…”

(full article at link)
https://www.zacks.com/stock/news/264034/why-legacy-reserves-lgcy-could-shock-the-market-soon

IMO and FWIW.