Earnings Estimates Moving Higher for Bridgewater (BWB): Time to Buy?

Core Viewpoint - Bridgewater (BWB) is positioned as a strong investment opportunity due to its improving earnings outlook and positive analyst sentiment [1][2]. Earnings Estimate Revisions - Analysts have shown growing optimism regarding Bridgewater's earnings prospects, reflected in upward revisions of earnings estimates [2][3]. - For the current quarter, the earnings estimate is $0.35 per share, representing a 34.62% increase from the previous year [6]. - Over the past 30 days, the Zacks Consensus Estimate for Bridgewater has risen by 16.67%, with one estimate moving higher and no negative revisions [6]. - For the full year, the expected earnings are $1.43 per share, indicating a 36.19% increase from the prior year [7]. - The consensus estimate for the current year has increased by 11.77% due to two upward revisions and no negative changes [8]. Zacks Rank and Performance - Bridgewater has achieved a Zacks Rank 1 (Strong Buy), indicating strong agreement among analysts on the positive earnings revisions [9]. - Historically, Zacks 1 Ranked stocks have generated an average annual return of +25% since 2008, suggesting a strong potential for outperformance [3][9]. - Stocks with Zacks Rank 1 and 2 significantly outperform the S&P 500, reinforcing the attractiveness of Bridgewater as an investment [9]. Recent Stock Performance - Bridgewater shares have increased by 9.4% over the past four weeks, indicating investor confidence in the company's earnings growth prospects [10].