Company Overview - BankUnited, Inc. (BKU) currently holds a Momentum Style Score of B, indicating potential for solid momentum investing [3] - The company has a Zacks Rank of 2 (Buy), which is associated with a strong track record of outperformance [4] Price Performance - Over the past week, BKU shares increased by 0.12%, while the Zacks Banks - Major Regional industry rose by 3.39% [6] - In a longer time frame, BKU's monthly price change is 4.89%, compared to the industry's 6.99% [6] - Over the past quarter, BKU shares have increased by 19.68%, and gained 21.76% in the last year, significantly outperforming the S&P 500, which moved 8.73% and 13.86% respectively [7] Trading Volume - BKU's average 20-day trading volume is 780,053 shares, which serves as a price-to-volume baseline for assessing momentum [8] Earnings Outlook - In the past two months, one earnings estimate for BKU has moved higher, while none have moved lower, resulting in an increase in the consensus estimate from $3.18 to $3.20 [10] - For the next fiscal year, one estimate has also moved upwards with no downward revisions [10] Conclusion - Considering the price performance, trading volume, and earnings outlook, BKU is positioned as a 2 (Buy) stock with a Momentum Score of B, making it a potential candidate for near-term investment [12]
Are You Looking for a Top Momentum Pick? Why BankUnited, Inc. (BKU) is a Great Choice