Earnings Estimates Moving Higher for Isabella Bank (ISBA): Time to Buy?

Core Viewpoint - Isabella Bank Corporation (ISBA) is experiencing solid improvement in earnings estimates, which may lead to continued short-term price momentum for the stock [1][2]. Earnings Estimate Revisions - The rising trend in earnings estimate revisions reflects growing analyst optimism regarding the company's earnings prospects, which is expected to positively impact the stock price [2]. - For the current quarter, the earnings per share (EPS) estimate is $0.74, representing a 42.3% increase from the previous year [4]. - Over the last 30 days, there has been one upward revision in estimates for Isabella Bank, with no negative revisions, leading to a 16.53% increase in the Zacks Consensus Estimate [4]. - For the full year, the EPS estimate is $2.58, indicating a year-over-year change of 28.4% [5]. - The current year also shows a positive trend, with one estimate moving higher and an 11.93% increase in the consensus estimate [5]. Zacks Rank - Isabella Bank has achieved a Zacks Rank 1 (Strong Buy) due to favorable estimate revisions, which is a reliable indicator for investors [6]. - Stocks with a Zacks Rank 1 and 2 (Buy) have historically outperformed the S&P 500 [6]. Stock Performance - The stock has gained 18.8% over the past four weeks, driven by solid estimate revisions and positive earnings growth prospects [7].