Can First Western (MYFW) Run Higher on Rising Earnings Estimates?

Core Viewpoint - First Western (MYFW) is experiencing solid improvement in earnings estimates, which is likely to positively impact its stock price momentum [1][2]. Earnings Estimates - Analysts are increasingly optimistic about First Western's earnings prospects, leading to higher estimates that correlate with stock price movements [2]. - The current quarter's earnings estimate is projected at $0.39 per share, reflecting a significant increase of +254.55% compared to the previous year [6]. - For the full year, the earnings estimate stands at $1.82 per share, indicating a change of +109.2% from the prior year [7]. Zacks Rank and Performance - First Western currently holds a Zacks Rank 1 (Strong Buy), supported by strong agreement among analysts in revising earnings estimates upward [3][8]. - Stocks with a Zacks Rank 1 have historically outperformed, with an average annual return of +25% since 2008 [3]. - The stock has gained 5.3% over the past four weeks, suggesting investor confidence in its earnings growth prospects [9].