Enterprise Financial Services (EFSC) is a Great Momentum Stock: Should You Buy?

Group 1: Momentum Investing Overview - Momentum investing involves following a stock's recent trend, with the aim of buying high and selling higher, capitalizing on established price movements [1] - The Zacks Momentum Style Score helps define momentum characteristics, with Enterprise Financial Services (EFSC) currently holding a Momentum Style Score of B [2] Group 2: Zacks Rank and Performance - EFSC has a Zacks Rank of 2 (Buy), indicating strong potential for outperformance, especially when combined with a Style Score of A or B [3] - Stocks rated Zacks Rank 1 (Strong Buy) and 2 (Buy) with Style Scores of A or B have historically outperformed the market over the following month [3] Group 3: Price Performance Metrics - EFSC shares have increased by 2.06% over the past week, outperforming the Zacks Banks - Midwest industry, which rose by 1.57% [5] - Over the past quarter, EFSC shares have risen by 32.4%, and by 34.49% over the last year, significantly outperforming the S&P 500's increases of 4.07% and 28.21% respectively [6] Group 4: Trading Volume and Earnings Outlook - EFSC's average 20-day trading volume is 123,044 shares, which serves as a bullish indicator when combined with rising stock prices [7] - In the past two months, four earnings estimates for EFSC have increased, raising the consensus estimate from $4.32 to $4.60, with no downward revisions [9]