Core Viewpoint - DBS Group Holdings Ltd has been upgraded to a Zacks Rank 1 (Strong Buy) due to an upward trend in earnings estimates, which is a significant factor influencing stock prices [1][9]. Earnings Estimates and Stock Price Movement - The correlation between changes in a company's earnings potential and its stock price movement is strong, primarily driven by institutional investors who adjust their valuations based on earnings estimates [4][11]. - Analysts have raised their earnings estimates for DBS Group, with the Zacks Consensus Estimate increasing by 3.3% over the past three months [12]. Zacks Rank System - The Zacks Rank system classifies stocks into five groups based on earnings estimates, with Zacks Rank 1 stocks historically generating an average annual return of +25% since 1988 [5]. - The upgrade of DBS Group to Zacks Rank 1 places it in the top 5% of Zacks-covered stocks, indicating a strong potential for price appreciation in the near term [14]. Earnings Outlook - For the fiscal year ending December 2024, DBS Group is expected to earn $10.31 per share, reflecting a year-over-year change of -3.9% [6]. - The positive earnings outlook for DBS Group suggests an improvement in the company's underlying business, which is likely to attract investor interest and drive the stock price higher [10].

DBS Group Holdings Ltd is a member of our Finance group, which includes 854 different companies and currently sits at #12 in the Zacks Sector Rank. The Zacks Sector Rank considers 16 different groups, measuring the average Zacks Rank of the individual stocks within the sector to gauge the strength of each group. According to our latest data, DBSDY has moved about 13.9% on a year-to-date basis. Meanwhile, stocks in the Finance group have gained about 7.1% on average. As we can see, DBS Group Holdings Ltd is ...

Investors interested in Finance stocks should always be looking to find the best-performing companies in the group. Is DBS Group Holdings Ltd (DBSDY) one of those stocks right now? A quick glance at the company's year-to-date performance in comparison to the rest of the Finance sector should help us answer this question. DBS Group Holdings Ltd is one of 854 companies in the Finance group. The Finance group currently sits at #12 within the Zacks Sector Rank. The Zacks Sector Rank considers 16 different group ...

DBS Group Holdings Ltd (OTCPK:DBSDF) Q1 2024 Results Conference Call May 1, 2024 10:30 PM ET Company Participants Edna Koh - Managing Director and Head of Media & Integrated Content Sok Hui Chng - Chief Financial Officer Piyush Gupta - Chief Executive Officer Conference Call Participants Prisca Ang - The Straits Times Edna Koh Okay. Good morning, everyone, and welcome to DBS' First Quarter 2024 Financial Results Briefing. This morning, we announced net profit rose 15% to $2.96 billion. Return on equity incr ...

Here are three stocks with buy rank and strong income characteristics for investors to consider today, January 15th:Patria Investments Limited (PAX) : This company which offers asset management services to investors focusing on private equity funds, infrastructure development funds, co-investments funds, constructivist equity funds and real estate and credit funds, has witnessed the Zacks Consensus Estimate for its next year earnings increasing 6.0% over the last 60 days.This Zacks Rank #1 (Strong Buy) comp ...

DBS Group Holdings Ltd (OTCPK:DBSDF) Q3 2023 Results Conference Call November 5, 2023 10:30 PM ET Company Participants Edna Koh - Group Strategic Marketing & Communications Chng Sok Hui - Chief Financial Officer Piyush Gupta - Chief Executive Officer Conference Call Participants Chanyaporn Chanjaroen - Bloomberg Anshuman Daga - Breakingviews Goola Warden - The Edge Edna Koh Good morning, everyone, and welcome to DBS' Third Quarter Financial Results Briefing. This morning, we announced 3Q net profit rose 18% ...

DBS Group Holdings Ltd (OTCPK:DBSDF) Q1 2023 Earnings Conference Call May 1, 2023 10:30 PM ET Corporate Participants Edna Koh - Group Strategic Marketing & Communications Chng Sok Hui - Chief Financial Officer Piyush Gupta - Chief Executive Officer Conference Call Participants Chanyaporn Chanjaroen - BQ Prime Goola Warden - The Edge Edna Koh Good morning and welcome to DBS First Quarter 2023 Financial Results Media Briefing. Joining us on the line today we have our CEO Piyush Gupta, and CFO Chng Sok Hui. To ...

DBS Group Holdings Ltd (OTCPK:DBSDF) Q4 2022 Results Conference Call February 12, 2023 10:30 PM ET Company Participants Edna Koh - Group Strategic Marketing & Communications Chng Sok Hui - Chief Financial Officer Piyush Gupta - Chief Executive Officer Edna Koh Good morning, everyone, and welcome to DBS' Fourth Quarter and Full Year Financial Results Briefing. We announced this morning a very strong set of numbers, both for the fourth quarter as well as for the full year. So to tell us more, we have with us ...

DBS Group Holdings Ltd (OTCPK:DBSDF) Q4 2021 Earnings Conference Call February 13, 2022 10:30 PM ET Company Participants Edna Koh - Head-Group Strategic Marketing & Communications Piyush Gupta - Chief Executive Officer Chng Sok Hui - Chief Financial Officer Conference Call Participants Timothy Goh - Bread News Anshuman Daga - Reuters Edna Koh Good morning, and welcome to DBSÂ's Fourth Quarter and Full Year Financial Results Briefing. This morning, we announced record full year net profit of $6.8 billion, up ...

DBS Group Holdings Ltd (OTCPK:DBSDF) Q2 2021 Earnings Conference Call August 4, 2021 11:30 AM ET Company Participants | --- | |--------------------------------------------------------------------------------------------------------------------| | | | | | Piyush Gupta - CEO | | Chng Sok Hui - CFO | | Conference Call Participants | | Melissa Kuang - Goldman Sachs Terence Chua - Phillip Securities Harsh Modi - JPMorgan Nicholas Teh - Credit Suisse | | Robert Kong - Citi Research | Operator Good morning, everyo ...