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Travelers (TRV) Upgraded to Strong Buy: Here's What You Should Know
ZACKS· 2025-10-23 17:01
Core Viewpoint - Travelers (TRV) has received an upgrade to a Zacks Rank 1 (Strong Buy), indicating a positive outlook for its earnings estimates, which is a significant factor influencing stock prices [1][3]. Earnings Estimates and Stock Price Movement - The Zacks rating system is based on changes in earnings estimates, which have a strong correlation with near-term stock price movements [4][6]. - Institutional investors often rely on earnings estimates to determine the fair value of stocks, leading to buying or selling actions that affect stock prices [4]. Travelers' Earnings Outlook - The recent upgrade for Travelers reflects an improvement in the company's underlying business, which is expected to drive the stock price higher [5]. - The Zacks Consensus Estimate for Travelers has increased by 15.4% over the past three months, with an expected earnings per share of $24.24 for the fiscal year ending December 2025, showing no year-over-year change [8]. Zacks Rank System - The Zacks Rank system classifies stocks into five groups based on earnings estimates, with Zacks Rank 1 stocks historically generating an average annual return of +25% since 1988 [7]. - Only the top 5% of Zacks-covered stocks receive a "Strong Buy" rating, indicating superior earnings estimate revisions and potential for market-beating returns [9][10].
What Makes Arrow Electronics (ARW) a New Strong Buy Stock
ZACKS· 2025-10-17 17:01
Core Viewpoint - Arrow Electronics (ARW) has received a Zacks Rank 1 (Strong Buy) upgrade, indicating a positive outlook based on rising earnings estimates, which significantly influence stock prices [1][4][6]. Earnings Estimates and Revisions - The Zacks Consensus Estimate for Arrow Electronics indicates expected earnings of $10.20 per share for the fiscal year ending December 2025, showing no year-over-year change [9]. - Over the past three months, analysts have increased their earnings estimates for Arrow Electronics by 0.6% [9]. - The Zacks rating system emphasizes the importance of earnings estimate revisions, which have a strong correlation with near-term stock price movements [5][7]. Zacks Rating System - The Zacks Rank system classifies stocks into five groups based on earnings estimates, with Zacks Rank 1 stocks historically generating an average annual return of +25% since 1988 [8]. - Only the top 5% of Zacks-covered stocks receive a "Strong Buy" rating, indicating superior earnings estimate revisions [10][11]. - Arrow Electronics' upgrade to Zacks Rank 1 places it in the top 5% of stocks, suggesting potential for higher stock prices in the near term [11].
SONOVA HOLDING (SONVY) Upgraded to Strong Buy: What Does It Mean for the Stock?
ZACKS· 2025-10-17 17:01
Core Viewpoint - SONOVA HOLDING (SONVY) has been upgraded to a Zacks Rank 1 (Strong Buy), indicating a positive outlook based on rising earnings estimates, which are crucial for stock price movements [1][4][6]. Earnings Estimates and Revisions - The Zacks rating system focuses on the consensus measure of EPS estimates from sell-side analysts, which reflects the company's changing earnings picture [2]. - SONOVA HOLDING is expected to earn $2.63 per share for the fiscal year ending March 2026, showing no year-over-year change, but the Zacks Consensus Estimate has increased by 5.2% over the past three months [9]. Impact of Institutional Investors - Changes in earnings estimates significantly influence institutional investors, who adjust their valuations based on these estimates, leading to stock price movements [5]. - The correlation between earnings estimate revisions and near-term stock movements is strong, making it essential for investment decisions [7]. Zacks Rating System - The Zacks Rank system classifies stocks into five groups based on earnings estimates, with Zacks Rank 1 stocks historically generating an average annual return of +25% since 1988 [8]. - Only the top 5% of Zacks-covered stocks receive a "Strong Buy" rating, indicating superior earnings estimate revisions and potential for market-beating returns [10][11].
RenaissanceRe (RNR) Upgraded to Buy: What Does It Mean for the Stock?
ZACKS· 2025-10-16 17:01
Core Viewpoint - RenaissanceRe (RNR) has been upgraded to a Zacks Rank 2 (Buy), indicating a positive outlook on its earnings estimates, which is a significant factor influencing stock prices [1][3]. Earnings Estimates and Stock Price Movement - The Zacks rating system is based on changes in earnings estimates, which are strongly correlated with near-term stock price movements [4][6]. - An increase in earnings estimates typically leads to higher fair value calculations by institutional investors, resulting in buying or selling actions that affect stock prices [4]. Recent Performance and Outlook - For the fiscal year ending December 2025, RenaissanceRe is expected to earn $28.11 per share, which remains unchanged from the previous year [8]. - Over the past three months, the Zacks Consensus Estimate for RenaissanceRe has increased by 31.3%, reflecting a positive trend in earnings outlook [8]. Zacks Rank System - The Zacks Rank system classifies stocks into five groups based on earnings estimates, with only the top 20% receiving a "Strong Buy" or "Buy" rating [9][10]. - The upgrade of RenaissanceRe to a Zacks Rank 2 places it in the top 20% of Zacks-covered stocks, suggesting potential for market-beating returns in the near term [10].
All You Need to Know About Modine (MOD) Rating Upgrade to Buy
ZACKS· 2025-10-15 17:01
Core Viewpoint - Modine (MOD) has received an upgrade to a Zacks Rank 2 (Buy), indicating a positive trend in earnings estimates which is a significant factor influencing stock prices [1][3]. Earnings Estimates and Stock Performance - The Zacks rating system is based on changes in earnings estimates, which are closely correlated with stock price movements [4][6]. - For the fiscal year ending March 2026, Modine is expected to earn $4.63 per share, with a 2.5% increase in the Zacks Consensus Estimate over the past three months [8]. Investment Implications - The upgrade reflects an improvement in Modine's underlying business, suggesting that investors may respond positively by driving the stock price higher [5]. - The Zacks Rank system classifies stocks into five groups based on earnings estimates, with only the top 20% receiving a "Strong Buy" or "Buy" rating, indicating a strong potential for market-beating returns [9][10].
Pyxis Oncology (PYXS) Upgraded to Strong Buy: Here's What You Should Know
ZACKS· 2025-10-14 17:01
Core Viewpoint - Pyxis Oncology, Inc. (PYXS) has been upgraded to a Zacks Rank 1 (Strong Buy), indicating a positive outlook on its earnings estimates, which is a significant factor influencing stock prices [1][4]. Earnings Estimates and Ratings - The Zacks rating system is based on changes in earnings estimates, which are tracked through the Zacks Consensus Estimate from sell-side analysts for the current and following years [2]. - The Zacks rating upgrade reflects an improvement in Pyxis Oncology's earnings outlook, which is expected to positively impact its stock price [4][6]. Impact of Earnings Estimate Revisions - There is a strong correlation between changes in earnings estimates and near-term stock price movements, largely due to institutional investors who adjust their valuations based on these estimates [5][7]. - Pyxis Oncology's rising earnings estimates and the subsequent rating upgrade suggest an improvement in the company's underlying business, likely leading to an increase in stock price [6][11]. Performance of Zacks Rank System - The Zacks Rank system classifies stocks into five groups based on earnings estimates, with Zacks Rank 1 stocks historically generating an average annual return of +25% since 1988 [8]. - The upgrade of Pyxis Oncology to Zacks Rank 1 places it in the top 5% of Zacks-covered stocks, indicating a strong potential for market-beating returns in the near term [10][11]. Current Earnings Estimates for Pyxis Oncology - For the fiscal year ending December 2025, Pyxis Oncology is expected to earn -$1.34 per share, with no year-over-year change; however, the Zacks Consensus Estimate has increased by 2.6% over the past three months [9].
All You Need to Know About Steelcase (SCS) Rating Upgrade to Strong Buy
ZACKS· 2025-10-09 17:01
Core Viewpoint - Steelcase (SCS) has been upgraded to a Zacks Rank 1 (Strong Buy), indicating a positive outlook based on rising earnings estimates, which are crucial for stock price movements [1][2][4]. Earnings Estimates and Stock Performance - The Zacks rating system emphasizes the importance of earnings estimate revisions, which have a strong correlation with near-term stock price movements [3][5]. - Steelcase's earnings estimates for the fiscal year ending February 2026 are projected at $1.10 per share, unchanged from the previous year, but the Zacks Consensus Estimate has increased by 4.3% over the past three months [7]. Zacks Rank System - The Zacks Rank system categorizes stocks into five groups based on earnings estimates, with Zacks Rank 1 stocks historically generating an average annual return of +25% since 1988 [6]. - Steelcase's upgrade to Zacks Rank 1 places it in the top 5% of Zacks-covered stocks, suggesting a strong potential for market-beating returns in the near term [9].
Encore Capital Group (ECPG) Upgraded to Buy: What Does It Mean for the Stock?
ZACKS· 2025-10-07 17:01
Core Viewpoint - Encore Capital Group (ECPG) has received a Zacks Rank 2 (Buy) upgrade, indicating a positive trend in earnings estimates, which is a significant factor influencing stock prices [1][3]. Earnings Estimates and Stock Price Impact - The Zacks rating system emphasizes the importance of changing earnings estimates in determining stock price movements, making it a valuable tool for investors [2][4]. - An increase in earnings estimates typically leads to higher fair value calculations by institutional investors, resulting in stock price movements [4]. Company Performance and Outlook - The upgrade reflects an improvement in Encore Capital Group's underlying business, suggesting that investors may respond positively by driving the stock price higher [5]. - The Zacks Consensus Estimate for Encore Capital Group has increased by 23.6% over the past three months, with expected earnings of $8.31 per share for the fiscal year ending December 2025, indicating no year-over-year change [8]. Zacks Rank System - The Zacks Rank system categorizes stocks based on earnings estimate revisions, with a strong historical performance, particularly for Zacks Rank 1 stocks, which have averaged a +25% annual return since 1988 [7]. - Stocks in the top 20% of Zacks-covered stocks, like Encore Capital Group with its Zacks Rank 2, are positioned for potential market-beating returns in the near term [10].
Axis Capital (AXS) Moves to Buy: Rationale Behind the Upgrade
ZACKS· 2025-10-03 17:01
Core Viewpoint - Axis Capital (AXS) has been upgraded to a Zacks Rank 2 (Buy), indicating a positive outlook on its earnings estimates, which significantly influence stock prices [1][3]. Earnings Estimates and Stock Price Impact - The Zacks rating system reflects changes in earnings estimates, which are strongly correlated with near-term stock price movements, particularly due to institutional investors adjusting their valuations based on these estimates [4][6]. - An increase in earnings estimates typically leads to higher fair value for a stock, prompting institutional investors to buy or sell, thus affecting stock prices [4]. Company Performance and Outlook - The upgrade for Axis Capital suggests an improvement in the company's underlying business, which is expected to be recognized by investors through a potential increase in stock price [5]. - For the fiscal year ending December 2025, Axis Capital is projected to earn $11.95 per share, with a 3.4% increase in the Zacks Consensus Estimate over the past three months [8]. Zacks Rating System - The Zacks Rank system classifies stocks into five groups based on earnings estimates, with a strong historical performance, particularly for Zacks Rank 1 stocks, which have generated an average annual return of +25% since 1988 [7]. - The upgrade of Axis Capital to a Zacks Rank 2 places it in the top 20% of Zacks-covered stocks, indicating a strong potential for market-beating returns in the near term [10].
All You Need to Know About Carriage Services (CSV) Rating Upgrade to Strong Buy
ZACKS· 2025-10-03 17:01
Core Viewpoint - Carriage Services (CSV) has been upgraded to a Zacks Rank 1 (Strong Buy) due to an upward trend in earnings estimates, indicating a positive earnings outlook that could lead to increased stock prices [1][3]. Earnings Estimates and Stock Performance - The Zacks rating system is based on changes in a company's earnings picture, which is a significant factor influencing stock prices [2][4]. - Rising earnings estimates for Carriage Services suggest an improvement in the company's underlying business, likely resulting in higher stock prices as investors respond positively [5][8]. Zacks Rank System - The Zacks Rank system classifies stocks into five groups based on earnings estimates, with Zacks Rank 1 stocks historically generating an average annual return of +25% since 1988 [7]. - Only the top 5% of Zacks-covered stocks receive a "Strong Buy" rating, indicating superior earnings estimate revisions and potential for market-beating returns [9][10]. Recent Performance of Carriage Services - For the fiscal year ending December 2025, Carriage Services is expected to earn $3.27 per share, with a 3.3% increase in the Zacks Consensus Estimate over the past three months [8].