Barnes (US:B) ZACKS·2025-11-27 18:01Core Viewpoint - Barrick Mining has received an upgrade to a Zacks Rank 2 (Buy) due to an upward trend in earnings estimates, indicating a positive earnings outlook that may lead to increased stock price [1][3]. Earnings Estimates and Stock Price Movement - The Zacks rating system is based on changes in a company's earnings picture, which is a significant factor influencing stock prices [2][4]. - A strong correlation exists between earnings estimate revisions and near-term stock movements, with institutional investors playing a role in this relationship [4][6]. Barrick Mining's Earnings Outlook - For the fiscal year ending December 2025, Barrick Mining is expected to earn $2.25 per share, which remains unchanged from the previous year [8]. - Over the past three months, the Zacks Consensus Estimate for Barrick Mining has increased by 13.8%, reflecting a positive trend in earnings estimates [8]. Zacks Rank System - The Zacks Rank system classifies stocks into five groups based on earnings estimates, with a proven track record of performance, particularly for Zacks Rank 1 stocks, which have generated an average annual return of +25% since 1988 [7]. - Barrick Mining's 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].