IHG(IHG) ZACKS·2025-01-29 18:05Core 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] Company Overview: InterContinental Hotels (IHG) - IHG currently holds a Momentum Style Score of B, indicating potential for solid momentum investing [3] - The company has a Zacks Rank of 2 (Buy), suggesting it is positioned for outperformance in the market [4] Performance Metrics - IHG shares have increased by 3.36% over the past week, outperforming the Zacks Hotels and Motels industry, which rose by 0.62% [6] - Over the past month, IHG's stock price has changed by 6.92%, compared to the industry's 3.94% [6] - In the last quarter, IHG shares have risen by 18.32%, and over the past year, they have gained 38.26%, while the S&P 500 has only moved 4.45% and 25.58%, respectively [7] Trading Volume - IHG's average 20-day trading volume is 102,521 shares, which serves as a bullish indicator when combined with rising stock prices [8] Earnings Outlook - Recent earnings estimate revisions for IHG show 2 estimates moving higher for the full year, with the consensus estimate increasing from 5.05 [10] - For the next fiscal year, 2 estimates have also moved upwards, with no downward revisions noted [10] Conclusion - Given the positive performance metrics and earnings outlook, IHG is recommended as a 2 (Buy) stock with a Momentum Score of B, making it a strong candidate for near-term investment [12]