Brown & Brown (BRO) Is Up 7.26% in One Week: What You Should Know

Core Viewpoint - Brown & Brown (BRO) is currently exhibiting strong momentum with a Momentum Style Score of A, indicating positive price changes and earnings estimate revisions [1][13]. Price Performance - BRO shares have increased by 7.26% over the past week, outperforming the Zacks Insurance - Brokerage industry, which rose by 5.38% during the same period [2]. - Over the past month, BRO's price change is 10.72%, compared to the industry's 7.65% [2]. - In the last quarter, BRO shares have risen by 17.16%, and over the past year, they have gained 40.04%, while the S&P 500 has only increased by 7.18% and 20.85%, respectively [11]. Earnings Estimates - In the last two months, five earnings estimates for BRO have been revised upwards, with no downward revisions, leading to an increase in the consensus estimate from $3.61 to$3.67 [8]. - For the next fiscal year, five estimates have also moved higher without any downward revisions [8]. Trading Volume - BRO's average 20-day trading volume is 1,075,755 shares, which serves as a bullish indicator when combined with rising stock prices [7]. Zacks Rank and Style Score - BRO holds a Zacks Rank of 2 (Buy), and stocks rated Zacks Rank 1 (Strong Buy) and 2 (Buy) with Style Scores of A or B tend to outperform the market over the following month [9]. - The Zacks Momentum Style Score incorporates various factors, including estimate revisions and price movement, which are significant for the Zacks Rank [12].