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FB Financial (FBK) Is Up 3.47% in One Week: What You Should Know
FB Financial FB Financial (US:FBK) ZACKSยท2024-10-25 17:00

Core Viewpoint - Momentum investing focuses on following a stock's recent price trends, aiming to capitalize on established directions for profitable trades [1] Group 1: FB Financial Overview - FB Financial (FBK) currently holds a Momentum Style Score of B and a Zacks Rank of 1 (Strong Buy) [2] - Stocks rated Zacks Rank 1 and 2 with Style Scores of A or B have historically outperformed the market over the following month [2] Group 2: Price Performance - FBK shares have increased by 3.47% over the past week, outperforming the Zacks Banks - Northeast industry, which rose by 1.9% [3] - Over the past month, FBK's price change is 4.89%, compared to the industry's 1.86% [3] - In the last quarter, FBK shares rose by 8.38%, and over the past year, they have increased by 63.31%, while the S&P 500 moved 7.36% and 38.52%, respectively [3] Group 3: Trading Volume - FBK's average 20-day trading volume is 131,502 shares, which serves as a price-to-volume baseline for assessing stock performance [4] Group 4: Earnings Outlook - In the past two months, three earnings estimates for FBK have been revised upwards, increasing the consensus estimate from $3.25 to $3.34 [5] - For the next fiscal year, three estimates have also moved upwards with no downward revisions [5] - These positive trends contribute to FBK's status as a 1 (Strong Buy) stock with a Momentum Score of B [5]