Core Insights - Momentum investing focuses on following a stock's recent price trends, aiming to buy high and sell higher, capitalizing on established price movements [1] - Enterprise Financial Services (EFSC) currently holds a Momentum Style Score of B, indicating strong potential based on price changes and earnings estimate revisions [2][8] - EFSC has a Zacks Rank of 1 (Strong Buy), suggesting it is expected to outperform the market in the near term [3] Performance Metrics - EFSC shares have increased by 0.97% over the past week, outperforming the Zacks Banks - Midwest industry, which rose by 0.22% [5] - Over the last month, EFSC's price change is 9.8%, compared to the industry's 8.08% [5] - In the last quarter, EFSC shares rose by 2.34%, and over the past year, they have gained 47.08%, while the S&P 500 increased by only 1.46% and 22.19%, respectively [6] Trading Volume - The average 20-day trading volume for EFSC is 146,000 shares, which serves as a bullish indicator when combined with rising stock prices [7] Earnings Estimates - In the past two months, three earnings estimates for EFSC have been revised upwards, increasing the consensus estimate from 4.84 [9] - For the next fiscal year, two estimates have also moved higher, with no downward revisions during the same period [9] Conclusion - Given the strong performance metrics and positive earnings outlook, EFSC is positioned as a 1 (Strong Buy) stock with a Momentum Score of B, making it a compelling investment option [11]
Enterprise Financial Services (EFSC) Is Up 0.97% in One Week: What You Should Know