Customers Bancorp (CUBI) Is Up 2.98% in One Week: What You Should Know

Core Viewpoint - Momentum investing focuses on following a stock's recent price trends, aiming to buy high and sell higher, with the expectation that established trends will continue [1] Company Overview: Customers Bancorp (CUBI) - Customers Bancorp currently holds a Momentum Style Score of A, indicating strong momentum characteristics [2] - The company has a Zacks Rank of 1 (Strong Buy), suggesting a favorable outlook compared to the market [3] Performance Metrics - Over the past week, CUBI shares increased by 2.98%, outperforming the Zacks Banks - Southeast industry, which rose by 1.45% [5] - In a longer timeframe, CUBI's monthly price change is 6.38%, slightly ahead of the industry's 6.23% [5] - Over the past quarter, CUBI shares have risen by 6.96%, and over the last year, they have increased by 32.66%, while the S&P 500 has moved 5.71% and 15.31% respectively [6] Trading Volume - CUBI's average 20-day trading volume is 260,194 shares, which serves as a bullish indicator when combined with rising stock prices [7] Earnings Outlook - In the past two months, four earnings estimates for CUBI have been revised upwards, with no downward revisions, leading to an increase in the consensus estimate from $7.01 to $7.57 [9] - For the next fiscal year, four estimates have also moved upwards without any downward revisions [9] Conclusion - Given the strong performance metrics and positive earnings outlook, CUBI is positioned as a 1 (Strong Buy) stock with a Momentum Score of A, making it a compelling investment option [11]