Earnings Estimates Moving Higher for Brainsway (BWAY): Time to Buy?

Group 1 - Brainsway Ltd. Sponsored ADR (BWAY) shows a significantly improving earnings outlook, making it a solid choice for investors [1] - Analysts are raising their earnings estimates for Brainsway, indicating a positive trend that may reflect in the stock price [2][3] - The Zacks Rank system, which ranges from 1 (Strong Buy) to 5 (Strong Sell), has a strong track record, with 1 ranked stocks averaging a +25% annual return since 2008 [3] Group 2 - For the current quarter, Brainsway is expected to earn $0.04 per share, with a 10% increase in consensus estimates over the last 30 days [5] - The full-year earnings estimate is $0.15 per share, reflecting a -16.67% change from the previous year, but the trend shows three estimates moving higher compared to one negative revision [6] - Brainsway currently holds a Zacks Rank 2 (Buy), indicating promising estimate revisions and potential for significant outperformance compared to the S&P 500 [7] Group 3 - The stock has increased by 23.4% over the past four weeks due to strong estimate revisions, suggesting further upside potential [8]