Down 13% in 4 Weeks, Here's Why Cousins Properties (CUZ) Looks Ripe for a Turnaround

Core Viewpoint - Cousins Properties (CUZ) is experiencing significant selling pressure, with a 13.1% decline over the past four weeks, but is now positioned for a potential trend reversal as it enters oversold territory, supported by positive earnings forecasts from Wall Street analysts [1]. Group 1: Technical Indicators - The Relative Strength Index (RSI) is a momentum oscillator that indicates whether a stock is oversold, with readings below 30 typically signaling oversold conditions [2]. - CUZ has an RSI reading of 28.37, suggesting that the heavy selling may be exhausting itself, indicating a potential bounce back towards equilibrium in supply and demand [5]. Group 2: Fundamental Analysis - There is strong consensus among sell-side analysts to raise earnings estimates for CUZ, with a 0.3% increase in the consensus EPS estimate over the last 30 days, which often correlates with price appreciation [7]. - CUZ holds a Zacks Rank 2 (Buy), placing it in the top 20% of over 4,000 ranked stocks based on earnings estimate revisions and EPS surprises, further indicating a potential turnaround [8].