What Makes UMB Financial (UMBF) a Strong Momentum Stock: Buy Now?

Core Viewpoint - UMB Financial (UMBF) is identified as a strong momentum stock with a Momentum Style Score of A and a Zacks Rank of 1 (Strong Buy), indicating potential for near-term price increases [3][4][12]. Momentum Style Score Analysis - The Momentum Style Score incorporates price changes and earnings estimate revisions, which are critical for assessing stock performance [2][9]. - UMBF's shares have increased by 3.23% over the past week, outperforming the Zacks Banks - Midwest industry, which rose by 1.85% during the same period [6]. - Over the past quarter, UMBF shares have risen by 21.12%, while the S&P 500 has only increased by 0.3% [7]. Trading Volume Insights - UMBF's average 20-day trading volume is 574,508 shares, which serves as a bullish indicator when combined with rising stock prices [8]. Earnings Outlook - In the last two months, 6 earnings estimates for UMBF have been revised upwards, increasing the consensus estimate from $11.53 to $12.03 [10]. - For the next fiscal year, 4 estimates have also moved higher, with no downward revisions noted [10]. Conclusion - Given the strong performance metrics and positive earnings outlook, UMBF is positioned as a promising investment opportunity for those seeking momentum stocks [12].