Texas Capital (TCBI) Is Up 3.91% in One Week: What You Should Know

Core Viewpoint - Momentum investing focuses on following a stock's recent price trends, aiming to buy high and sell higher, capitalizing on established price movements [1] Company Overview: Texas Capital (TCBI) - Texas Capital currently holds a Momentum Style Score of A, indicating strong momentum characteristics [2] - The company has a Zacks Rank of 2 (Buy), suggesting a favorable outlook compared to the market [3] Price Performance - TCBI shares have increased by 3.91% over the past week, outperforming the Zacks Banks - Southwest industry, which rose by 0.28% [5] - Over the past month, TCBI's price change is 15.77%, significantly higher than the industry's 6.76% [5] - In the last quarter, TCBI shares have risen by 30.49%, and over the past year, they have gained 34.09%, while the S&P 500 increased by 22.7% and 15.9%, respectively [6] Trading Volume - The average 20-day trading volume for TCBI is 515,627 shares, which serves as a bullish indicator when combined with rising stock prices [7] Earnings Outlook - In the past two months, 6 earnings estimates for TCBI have been revised upwards, while only 1 has been revised downwards, leading to an increase in the consensus estimate from $5.60 to $5.89 [9] - For the next fiscal year, 7 estimates have moved higher with no downward revisions, indicating positive earnings momentum [9] Conclusion - Given the strong momentum indicators and positive earnings outlook, TCBI is positioned as a 2 (Buy) stock with a Momentum Score of A, making it a potential candidate for near-term investment [11]