Earnings Estimates Moving Higher for Intapp (INTA): Time to Buy?

Core Viewpoint - Intapp (INTA) shows a significant improvement in earnings outlook, making it an attractive investment option as analysts continue to raise earnings estimates for the company [1][2]. Earnings Estimate Revisions - Current-quarter earnings are projected at $0.13 per share, reflecting a year-over-year increase of +116.67%. Over the last 30 days, two estimates have been revised upward, leading to a 9.8% increase in the Zacks Consensus Estimate [4]. - For the full year, the earnings estimate stands at $0.62 per share, indicating a +37.78% change from the previous year. In the past month, six estimates have been raised against one negative revision, resulting in a 32.09% increase in the consensus estimate [5]. Zacks Rank and Performance - Intapp has achieved a Zacks Rank 2 (Buy) due to favorable estimate revisions, which historically correlate with strong stock performance. Stocks with Zacks Rank 1 (Strong Buy) and 2 (Buy) have significantly outperformed the S&P 500 [6]. - The stock has risen by 14.6% over the past four weeks, indicating strong investor interest, with potential for further upside [7].