Wintrust Financial (WTFC) Is Up 1.03% 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: Wintrust Financial (WTFC) - WTFC 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 [3] Performance Metrics - WTFC shares have increased by 1.03% over the past week, while the Zacks Banks - Midwest industry has risen by 1.85% during the same period [5] - Over the past month, WTFC's price change is 2.96%, compared to the industry's 6.59% [5] - In the last quarter, WTFC shares rose by 13.75%, and over the past year, they gained 17.65%, outperforming the S&P 500, which increased by 2.29% and 16.86%, respectively [6] Trading Volume - The average 20-day trading volume for WTFC is 485,379 shares, which serves as a baseline for price-to-volume analysis [7] Earnings Outlook - In the past two months, four earnings estimates for WTFC have been revised upwards, while none have been lowered, leading to an increase in the consensus estimate from $11.85 to $12.35 [9] - For the next fiscal year, two estimates have also moved upwards with no downward revisions [9] Conclusion - Given the strong performance metrics and positive earnings outlook, WTFC is identified as a 2 (Buy) stock with a Momentum Score of A, making it a promising candidate for near-term investment [11]