Core Viewpoint - Guild Holdings Company (GHLD) has experienced significant selling pressure, resulting in a 14.2% decline in stock price over the past four weeks, but analysts anticipate better earnings than previously predicted, indicating potential for recovery [1]. Group 1: Stock Performance and Technical Indicators - GHLD's stock is currently in oversold territory, with a Relative Strength Index (RSI) reading of 27.62, suggesting a possible trend reversal [3]. - The RSI is a momentum oscillator that helps identify oversold conditions when the reading falls below 30, indicating potential entry opportunities for investors [2]. Group 2: Earnings Estimates and Analyst Sentiment - There has been a 5.2% increase in the consensus EPS estimate for GHLD over the last 30 days, driven by a strong agreement among sell-side analysts to raise earnings estimates for the current year [3]. - GHLD holds a Zacks Rank 2 (Buy), placing it in the top 20% of over 4,000 ranked stocks based on earnings estimate revisions and EPS surprises, further supporting the potential for a price rebound [3].
Guild (GHLD) Loses -14.23% in 4 Weeks, Here's Why a Trend Reversal May be Around the Corner