Shares of Oportun Financial Corporation (OPRT) have been struggling lately and have lost 8.3% over the past week. However, a hammer chart pattern was formed in its last trading session, which could mean that the stock found support with bulls being able to counteract the bears. So, it could witness a trend reversal down the road.The formation of a hammer pattern is considered a technical indication of nearing a bottom with likely subsiding of selling pressure. But this is not the only factor that makes a bu ...

Core Viewpoint - Acuity (AYI) reported quarterly earnings of $5.2 per share, exceeding the Zacks Consensus Estimate of $4.7 per share, and showing an increase from $4.3 per share a year ago, indicating a strong performance in the current quarter [1][2] Financial Performance - The company achieved revenues of $1.21 billion for the quarter ended August 2025, which was slightly below the Zacks Consensus Estimate by 0.27%, but an increase from $1.03 billion year-over-year [2] - Acuity has surpassed consensus EPS estimates in all four of the last quarters, while it has only topped revenue estimates once during the same period [2] Stock Performance - Acuity shares have increased approximately 17.9% since the beginning of the year, outperforming the S&P 500's gain of 13.7% [3] - The stock currently holds a Zacks Rank 2 (Buy), indicating expectations for continued outperformance in the near future [6] Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is $4.51, with expected revenues of $1.14 billion, and for the current fiscal year, the EPS estimate is $19.08 on revenues of $4.76 billion [7] - The trend of estimate revisions for Acuity was favorable ahead of the earnings release, suggesting potential positive adjustments in the future [6] Industry Context - The Technology Services industry, to which Acuity belongs, is currently ranked in the top 32% of over 250 Zacks industries, indicating a favorable environment for stock performance [8]

Core Viewpoint - Nike reported quarterly earnings of $0.49 per share, exceeding the Zacks Consensus Estimate of $0.27 per share, but down from $0.7 per share a year ago, indicating an earnings surprise of +81.48% [1] - The company has consistently surpassed consensus EPS estimates over the last four quarters [2] Financial Performance - Nike's revenues for the quarter ended August 2025 were $11.72 billion, surpassing the Zacks Consensus Estimate by 6.49%, compared to $11.59 billion in the same quarter last year [2] - The current consensus EPS estimate for the upcoming quarter is $0.51 on revenues of $11.97 billion, and for the current fiscal year, it is $1.67 on revenues of $45.78 billion [7] Market Performance - Nike shares have declined approximately 8.1% since the beginning of the year, while the S&P 500 has gained 13.3% [3] - The company's Zacks Rank is currently 4 (Sell), indicating expected underperformance in the near future [6] Industry Outlook - The Shoes and Retail Apparel industry, to which Nike belongs, is currently ranked in the bottom 26% of over 250 Zacks industries, suggesting potential challenges ahead [8] - Empirical research indicates a strong correlation between near-term stock movements and trends in earnings estimate revisions, which could impact Nike's stock performance [5]

OneSpaWorld (OSW) could be a solid choice for investors given its recent upgrade to a Zacks Rank #2 (Buy). An upward trend in earnings estimates -- one of the most powerful forces impacting stock prices -- has triggered this rating change.The sole determinant of the Zacks rating is a company's changing earnings picture. The Zacks Consensus Estimate -- the consensus of EPS estimates from the sell-side analysts covering the stock -- for the current and following years is tracked by the system.Since a changing ...

Perdoceo Education (PRDO) could be a solid addition to your portfolio given its recent upgrade 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.A company's changing earnings picture is at the core of the Zacks rating. The system tracks the Zacks Consensus Estimate -- the consensus measure of EPS estimates from the sell-side analysts covering the stock -- for the current and following years.Since a ...

Investors might want to bet on Honeywell International Inc. (HON) , as it has been recently upgraded to a Zacks Rank #2 (Buy). This upgrade is essentially a reflection of an upward trend in earnings estimates -- 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.Indiv ...

Core Viewpoint - Elanco Animal Health Incorporated (ELAN) has received an upgrade to a Zacks Rank 2 (Buy), indicating a positive outlook based on rising earnings estimates, which significantly influence stock prices [1][4][6]. Earnings Estimates and Ratings - The Zacks rating system is centered around changes in earnings estimates, tracking the Zacks Consensus Estimate for EPS from sell-side analysts for the current and following years [2]. - The Zacks rating upgrade reflects an improvement in Elanco's underlying business, suggesting that investors may respond positively, potentially driving the stock price higher [6][11]. Impact of Earnings Estimate Revisions - Empirical research shows a strong correlation between earnings estimate revisions and near-term stock movements, making it beneficial for investors to track these revisions [7]. - 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 averaged a +25% annual return since 1988 [8]. Current Earnings Estimates for Elanco - Elanco is projected to earn $0.88 per share for the fiscal year ending December 2025, with no year-over-year change, but the Zacks Consensus Estimate has increased by 5% over the past three months [9]. Conclusion on Zacks Rating System - The Zacks rating system maintains a balanced distribution of "buy" and "sell" ratings across its universe of over 4,000 stocks, with only the top 20% receiving a "Strong Buy" or "Buy" rating, indicating superior earnings estimate revisions [10][11].

Core Viewpoint - Seagate (STX) 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 Movement - The Zacks rating system is based on changes in earnings estimates, which are closely correlated with near-term stock price movements [4][6]. - Institutional investors utilize earnings estimates to determine the fair value of stocks, leading to price movements based on their buying or selling activities [4]. Business Outlook - The upgrade in Seagate's rating reflects an improvement in the company's underlying business, suggesting that investors may respond positively by driving the stock price higher [5][10]. - For the fiscal year ending June 2026, Seagate is expected to earn $10.44 per share, with a 4.6% increase in the Zacks Consensus Estimate over the past three months [8]. Zacks Rank 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 averaged a +25% annual return since 1988 [7][9]. - Seagate's upgrade to 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].

Universal Display Corp. (OLED) appears an attractive pick, 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 ea ...

Adagene Inc. Sponsored ADR (ADAG) appears an attractive pick, as it has been recently upgraded to a Zacks Rank #2 (Buy). This upgrade is essentially a reflection of an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices.The sole determinant of the Zacks rating is a company's changing earnings picture. The Zacks Consensus Estimate -- the consensus of EPS estimates from the sell-side analysts covering the stock -- for the current and following years is tracked by the s ...