Global Partners (GLP) Upgraded to Strong Buy: Here's What You Should Know

Core Viewpoint - Global Partners LP (GLP) has been upgraded to a Zacks Rank 1 (Strong Buy) due to an upward trend in earnings estimates, which is a significant factor influencing stock prices [1][3]. Earnings Estimates and Stock Performance - The Zacks rating system is based on a company's changing earnings picture, with the Zacks Consensus Estimate tracking EPS estimates from sell-side analysts [1][2]. - The correlation between changes in earnings estimates and near-term stock price movements is strong, with institutional investors using these estimates to determine fair value [4][6]. Recent Developments for Global Partners - For the fiscal year ending December 2025, Global Partners is expected to earn $2.97 per share, unchanged from the previous year, but analysts have raised their estimates by 4.6% over the past three months [8]. - The upgrade to Zacks Rank 1 places Global Partners in the top 5% of Zacks-covered stocks, indicating a strong potential for price movement in the near term [10]. Zacks Rank System - The Zacks Rank system classifies 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][9]. - The system maintains a balanced distribution of ratings, ensuring that only the top 20% of stocks are positioned for superior earnings estimate revisions [9][10].