East West Bancorp(US:EWBC) ZACKS·2025-12-19 18:01Core 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: East West Bancorp (EWBC) - EWBC currently holds a Momentum Style Score of A, indicating strong momentum characteristics [2] - The company has a Zacks Rank of 2 (Buy), suggesting it is positioned for potential outperformance in the market [3] Performance Metrics - EWBC shares have increased by 2.98% over the past week, while the Zacks Banks - West industry has risen by 3.18% during the same period [5] - Over the last month, EWBC's price change is 14.11%, outperforming the industry's 11.55% [5] - In the last quarter, EWBC shares rose by 6.77%, and over the past year, they gained 21.45%, compared to the S&P 500's increases of 2.44% and 16.74%, respectively [6] Trading Volume - The average 20-day trading volume for EWBC is 546,251 shares, which serves as a bullish indicator when combined with rising stock prices [7] Earnings Outlook - In the past two months, 6 earnings estimates for EWBC have been revised upwards, with no downward revisions, leading to an increase in the consensus estimate from $9.04 to $9.42 [9] - For the next fiscal year, 8 estimates have also moved higher, indicating positive sentiment around the company's earnings potential [9] Conclusion - Given the strong performance metrics and positive earnings outlook, EWBC is positioned as a solid momentum pick with a Momentum Score of A and a Zacks Rank of 2 (Buy) [11]