Heritage Insurance (HRTG) Is Up 1.78% in One Week: What You Should Know

Core Viewpoint - Momentum investing focuses on following a stock's recent price trends, aiming to buy high and sell higher, with the expectation that established trends will continue [1][2] Company Overview: Heritage Insurance (HRTG) - Heritage Insurance currently holds a Momentum Style Score of B, indicating potential for solid momentum [3] - The company has a Zacks Rank of 1 (Strong Buy), suggesting strong performance expectations [4] Performance Metrics - HRTG shares have increased by 1.78% over the past week, while the Zacks Insurance - Property and Casualty industry rose by 1.85% [6] - Over the last quarter, HRTG shares have surged by 88.7%, and over the past year, they have gained 190.36%, significantly outperforming the S&P 500's increases of 5.71% and 27.74% respectively [7] Trading Volume - The average 20-day trading volume for HRTG is 634,642 shares, which serves as a bullish indicator when combined with rising stock prices [8] Earnings Outlook - In the past two months, two earnings estimates for HRTG have been revised upwards, increasing the consensus estimate from $1.45 to $1.93 [10] - For the next fiscal year, two estimates have also moved higher, with no downward revisions noted [10]