All You Need to Know About HomeTrust Bancshares (HTB) Rating Upgrade to Buy

Core Viewpoint - HomeTrust Bancshares (HTB) has been upgraded to a Zacks Rank 2 (Buy), indicating a positive outlook on its earnings estimates, which is a significant factor influencing stock prices [1][4]. Earnings Estimates and Ratings - The Zacks rating system is primarily based on a company's changing earnings picture, with the Zacks Consensus Estimate tracking EPS estimates from sell-side analysts [2]. - The Zacks rating upgrade reflects an improvement in HomeTrust Bancshares' earnings outlook, which is expected to positively impact its stock price [4][6]. - For the fiscal year ending December 2025, HomeTrust Bancshares is projected to earn $3.33 per share, unchanged from the previous year, but the Zacks Consensus Estimate has increased by 3.9% over the past three months [9]. Impact of Earnings Estimate Revisions - There is a strong correlation between earnings estimate revisions and near-term stock price movements, making it beneficial for investors to track these revisions [7]. - The Zacks Rank system effectively utilizes earnings estimate revisions to classify stocks, with Zacks Rank 1 stocks historically generating an average annual return of +25% since 1988 [8]. - HomeTrust Bancshares' upgrade to Zacks Rank 2 places it in the top 20% of Zacks-covered stocks, suggesting potential for market-beating returns in the near term [10][11].