Investors might want to bet on Phreesia (PHR) , as it has been recently upgraded to a Zacks Rank #2 (Buy). This upgrade primarily reflects an upward trend in earnings estimates, which is one of the most powerful forces impacting stock prices.The Zacks rating relies solely on a company's changing earnings picture. It tracks EPS estimates for the current and following years from the sell-side analysts covering the stock through a consensus measure -- the Zacks Consensus Estimate.Since a changing earnings pict ...

Exact Sciences (EXAS) closed the last trading session at $54.3, gaining 1.9% over the past four weeks, but there could be plenty of upside left in the stock if short-term price targets set by Wall Street analysts are any guide. The mean price target of $68.55 indicates a 26.2% upside potential.The average comprises 22 short-term price targets ranging from a low of $54.00 to a high of $90.00, with a standard deviation of $7.85. While the lowest estimate indicates a decline of 0.6% from the current price leve ...

Shares of Hillman Solutions Corp. (HLMN) have gained 13.1% over the past four weeks to close the last trading session at $7.77, but there could still be a solid upside left in the stock if short-term price targets of Wall Street analysts are any indication. Going by the price targets, the mean estimate of $10.94 indicates a potential upside of 40.8%.The mean estimate comprises eight short-term price targets with a standard deviation of $2.54. While the lowest estimate of $8.00 indicates a 3% increase from t ...

Group 1 - Guidewire Software (GWRE) has experienced significant selling pressure, resulting in a 12.4% decline in stock price over the past four weeks, but analysts anticipate better earnings than previously predicted [1] - The Relative Strength Index (RSI) for GWRE is currently at 26.61, indicating that the stock is in oversold territory, which may suggest a potential reversal in trend [5] - There has been a strong consensus among sell-side analysts to raise earnings estimates for GWRE, leading to a 10.8% increase in the consensus EPS estimate over the last 30 days, which typically correlates with price appreciation [6] Group 2 - GWRE 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, indicating a strong potential for a turnaround [7]

The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price. Do they really matter, though?Let's take a look at what these Wall Street heavyweights have to say about Advanced Micro Devices (AMD) before we discuss the reliability of brokerage recommendations and how to use them to your advantage.Advanced Micro curre ...

When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?Before we discuss the reliability of brokerage recommendations and how to use them to your advantage, let's see what these Wall Street heavyweights think about Veeva Systems (VEEV) .Veeva currently has an average brokerage recommendation (ABR) of 1.97, on ...

Group 1 - The average brokerage recommendation (ABR) for Alphabet Inc. (GOOG) is 1.38, indicating a consensus between Strong Buy and Buy, based on 53 brokerage firms' recommendations [2][5] - Of the 53 recommendations, 41 are classified as Strong Buy, accounting for 77.4%, while 4 are classified as Buy, making up 7.6% of the total [2] - The Zacks Consensus Estimate for Alphabet's earnings has increased by 0.4% over the past month to $9.57, reflecting analysts' growing optimism about the company's earnings prospects [13] Group 2 - The Zacks Rank for Alphabet is 2 (Buy), influenced by the recent change in consensus estimates and other earnings-related factors [14] - The ABR should not be solely relied upon for investment decisions, as brokerage recommendations often exhibit a positive bias due to the vested interests of the firms [5][10] - The Zacks Rank is a more reliable indicator of near-term price performance, driven by earnings estimate revisions, and is updated more frequently than the ABR [8][12]

Analysts on Wall Street project that Ally Financial (ALLY) will announce quarterly earnings of $0.78 per share in its forthcoming report, representing a decline of 19.6% year over year. Revenues are projected to reach $2.03 billion, increasing 1.5% from the same quarter last year.Over the last 30 days, there has been a downward revision of 1.2% in the consensus EPS estimate for the quarter, leading to its current level. This signifies the covering analysts' collective reconsideration of their initial foreca ...

Company Overview - CRA International (CRAI) shares increased by 3% to $202.84 in the last trading session, with a notable volume of shares traded, contributing to a total gain of 9% over the past four weeks [1] - The stock is experiencing strong momentum, characterized by record-breaking performance and broad-based practice growth [1] Earnings Expectations - CRA is projected to report quarterly earnings of $1.83 per share, unchanged from the same quarter last year, with expected revenues of $179.7 million, reflecting a 4.8% increase year-over-year [2] - The consensus EPS estimate for CRA has remained stable over the last 30 days, indicating that stock price movements may not sustain without trends in earnings estimate revisions [3] Industry Context - CRA operates within the Zacks Consulting Services industry, which includes other companies like Stantec (STN), whose shares rose by 1.2% to $111.81 in the last trading session, with a 3.5% return over the past month [4] - Stantec's consensus EPS estimate has also remained unchanged at $0.98, representing a 19.5% increase from the previous year [5]

Knightscope, Inc. (KSCP) shares ended the last trading session 8.7% higher at $8. The jump came on an impressive volume with a higher-than-average number of shares changing hands in the session. This compares to the stock's 32.9% gain over the past four weeks.The stock is benefiting from the company’s unwavering focus on operational excellence, strong financial discipline, and continued innovation in public safety technologies.This company is expected to post quarterly loss of $1.09 per share in its upcomin ...