Hanmi Financial (US:HAFC) ZACKSยท2025-07-02 17:05Group 1: Momentum Investing Overview - Momentum investing involves following a stock's recent trend, with the aim of buying high and selling higher, capitalizing on established price movements [1] - The Zacks Momentum Style Score helps define momentum characteristics, with Hanmi Financial (HAFC) currently holding a Momentum Style Score of B [2] - The Zacks Rank system complements Style Scores, with HAFC rated 2 (Buy), indicating potential for outperformance in the market [3] Group 2: Performance Metrics - HAFC shares have increased by 8.82% over the past week, outperforming the Zacks Banks - West industry, which rose by 5.2% [5] - Over the last month, HAFC's price change is 10.21%, compared to the industry's 6.54% [5] - In the last quarter, HAFC shares rose by 23.51%, and over the past year, they increased by 52.76%, while the S&P 500 only moved 10.42% and 14.64% respectively [6] Group 3: Trading Volume and Earnings Outlook - HAFC's average 20-day trading volume is 150,512 shares, which serves as a bullish indicator when combined with rising stock prices [7] - Recent earnings estimate revisions show one upward revision for the current fiscal year, increasing the consensus estimate from $2.53 to $2.54 [9] - For the next fiscal year, one estimate has also moved upwards, indicating positive sentiment around HAFC's earnings outlook [9] Group 4: Conclusion - Given the strong performance metrics and positive earnings outlook, HAFC is positioned as a 2 (Buy) stock with a Momentum Score of B, making it a promising investment opportunity [11]