Heritage Insurance (HRTG) Is Up 4.48% in One Week: What You Should Know

Core Viewpoint - Momentum investing focuses on following a stock's recent price trends, with the aim of buying high and selling higher, capitalizing on established price movements [1] Company Overview: Heritage Insurance (HRTG) - Heritage Insurance currently holds a Momentum Style Score of B, indicating potential for strong performance based on price changes and earnings estimate revisions [3] - The company has a Zacks Rank of 1 (Strong Buy), which historically outperforms the market when combined with a Style Score of A or B [4] Performance Metrics - HRTG shares have increased by 4.48% over the past week, outperforming the Zacks Insurance - Property and Casualty industry, which rose by 2.01% [6] - Over the past quarter, HRTG shares have surged by 107.15%, and over the last year, they have gained 202.33%, while the S&P 500 has only increased by 2.37% and 14.4%, respectively [7] Trading Volume - The average 20-day trading volume for HRTG is 601,183 shares, which serves as a bullish indicator when combined with rising stock prices [8] Earnings Outlook - In the last two months, two earnings estimates for HRTG have been revised upwards, raising the consensus estimate from $2.43 to $3.25 [10] - For the next fiscal year, two estimates have also moved higher, with no downward revisions noted [10] Conclusion - Given the strong performance metrics and positive earnings outlook, HRTG is positioned as a 1 (Strong Buy) stock with a Momentum Score of B, making it a compelling option for investors seeking short-term gains [12]