Core Viewpoint - Westrock Coffee Company (WEST) has been upgraded to a Zacks Rank 2 (Buy) due to an upward trend in earnings estimates, which is a significant factor influencing stock prices [1][3]. Earnings Estimates and Stock Price Movement - The Zacks rating system emphasizes the importance of changing earnings estimates in determining stock price movements, as there is a strong correlation between earnings estimate revisions and near-term stock performance [4][6]. - Rising earnings estimates for Westrock Coffee indicate an improvement in the company's underlying business, which is expected to positively influence its stock price [5][10]. Zacks Rating System - The Zacks Rank stock-rating system categorizes stocks into five groups based on earnings estimates, with a proven track record of Zacks Rank 1 stocks generating an average annual return of +25% since 1988 [7]. - The upgrade of Westrock Coffee to Zacks Rank 2 places it in the top 20% of Zacks-covered stocks, suggesting a strong potential for market-beating returns in the near term [9][10]. Earnings Estimate Revisions for Westrock Coffee - For the fiscal year ending December 2025, Westrock Coffee is expected to earn -$0.28 per share, which remains unchanged from the previous year [8]. - Over the past three months, the Zacks Consensus Estimate for Westrock Coffee has increased by 3.4%, indicating a positive trend in earnings expectations [8].
What Makes Westrock Coffee Company (WEST) a New Buy Stock