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YmAbs Therapeutics (YMAB) Upgraded to Buy: Here's What You Should Know
ZACKS· 2025-07-24 17:00
Core Viewpoint - Y-mAbs Therapeutics, Inc. (YMAB) 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 Stock Ratings - The Zacks rating system is primarily driven by changes in a company's earnings picture, with the Zacks Consensus Estimate reflecting EPS estimates from sell-side analysts [2][3]. - The Zacks Rank stock-rating system categorizes stocks into five groups based on earnings estimates, with a strong historical performance, particularly Zacks Rank 1 stocks averaging a +25% annual return since 1988 [8][10]. Recent Performance of Y-mAbs Therapeutics - Y-mAbs Therapeutics is projected to earn -$0.97 per share for the fiscal year ending December 2025, showing no year-over-year change, but the Zacks Consensus Estimate has increased by 5.1% over the past three months [9]. - The upgrade to Zacks Rank 2 places Y-mAbs in the top 20% of Zacks-covered stocks, indicating a strong potential for market-beating returns in the near term [11]. Influence of Institutional Investors - Changes in earnings estimates are closely correlated with stock price movements, influenced by institutional investors who adjust their valuations based on these estimates, leading to significant stock transactions [5].
Sprouts Farmers (SFM) Upgraded to Buy: Here's What You Should Know
ZACKS· 2025-07-23 17:01
Core Viewpoint - Sprouts Farmers (SFM) has been upgraded to a Zacks Rank 2 (Buy) due to an upward 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 the consensus measure of EPS estimates from sell-side analysts, reflecting the company's changing earnings picture [1][2]. - A strong correlation exists between changes in earnings estimates and near-term stock price movements, with institutional investors playing a role in this relationship [4][6]. Business Improvement Indicators - The rising earnings estimates and the Zacks rating upgrade suggest an improvement in Sprouts Farmers' underlying business, which could lead to increased stock prices as investors respond positively [5][10]. - The Zacks Consensus Estimate for Sprouts Farmers is projected at $5.08 per share for the fiscal year ending December 2025, indicating no year-over-year change, but a 9.2% increase in estimates over the past three months [8][10]. Zacks Rank System Overview - 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][9]. - Only the top 20% of Zacks-covered stocks receive a "Strong Buy" or "Buy" rating, indicating superior earnings estimate revisions and potential for market-beating returns [9][10].
OverseaChinese Banking (OVCHY) Upgraded to Buy: Here's Why
ZACKS· 2025-07-22 17:01
Core Viewpoint - Oversea-Chinese Banking Corporation Limited (OVCHY) has received a Zacks Rank 2 (Buy) upgrade, 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, tracking EPS estimates from sell-side analysts through a consensus measure known as the Zacks Consensus Estimate [2]. - The recent upgrade reflects an improvement in the company's earnings outlook, which is expected to lead to increased buying pressure and a rise in stock price [4][6]. Impact of Earnings Estimate Revisions - There is a strong correlation between earnings estimate revisions and near-term stock price 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 Zacks Rank 1 stocks historically generating an average annual return of +25% since 1988 [8]. Current Earnings Outlook for Oversea-Chinese Banking - For the fiscal year ending December 2025, the company is projected to earn $2.53 per share, with no year-over-year change expected [9]. - Over the past three months, the Zacks Consensus Estimate for Oversea-Chinese Banking has increased by 1.2%, indicating a positive trend in earnings estimates [9]. Zacks Rank System and Market Position - The Zacks rating system maintains a balanced distribution of "buy" and "sell" ratings across over 4,000 stocks, with only the top 20% receiving a "Strong Buy" or "Buy" rating [10][11]. - The upgrade to Zacks Rank 2 places Oversea-Chinese Banking in the top 20% of Zacks-covered stocks, suggesting potential for market-beating returns in the near term [11].
Triple Flag (TFPM) Upgraded to Buy: What Does It Mean for the Stock?
ZACKS· 2025-07-21 17:01
Core Viewpoint - Triple Flag Precious Metals (TFPM) has been upgraded 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 emphasizes the importance of earnings estimate revisions, which have shown a strong correlation with near-term stock price movements [4][6]. - For the fiscal year ending December 2025, Triple Flag is expected to earn $0.83 per share, with a 13.5% 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 Zacks Rank 1 (Strong Buy) stocks historically generating an average annual return of +25% since 1988 [7]. - The upgrade of Triple Flag 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].
Huntington Bancshares (HBAN) Upgraded to Buy: Here's Why
ZACKS· 2025-07-18 17:01
Core Viewpoint - Huntington Bancshares (HBAN) 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 Performance - The Zacks rating system emphasizes the importance of earnings estimate revisions, which are strongly correlated with stock price movements, particularly due to institutional investors' reliance on these estimates for valuation [4][6]. - The recent upgrade reflects an improvement in Huntington Bancshares' underlying business, suggesting that investors may respond positively by driving the stock price higher [5][10]. Earnings Estimate Revisions - Analysts have raised their earnings estimates for Huntington Bancshares, with the Zacks Consensus Estimate for the fiscal year ending December 2025 projected at $1.46 per share, showing no year-over-year change. Over the past three months, estimates have increased by 4.8% [8]. Zacks Rank System - The Zacks Rank system classifies stocks based on earnings estimates into five groups, with only the top 20% receiving a "Strong Buy" or "Buy" rating. Huntington Bancshares' upgrade places it in this top tier, indicating potential for market-beating returns [7][10].
Algonquin Power & Utilities (AQN) Upgraded to Buy: What Does It Mean for the Stock?
ZACKS· 2025-07-17 17:01
Core Viewpoint - Algonquin Power & Utilities (AQN) 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][4]. Earnings Estimates and Ratings - The Zacks rating system is primarily based on a company's changing earnings picture, tracking the Zacks Consensus Estimate for EPS from sell-side analysts [2]. - The Zacks rating upgrade reflects an improvement in Algonquin Power & Utilities' earnings outlook, which is expected to positively impact its stock price [4][6]. Impact of Earnings Estimates on Stock Prices - Changes in a company's future earnings potential, as indicated by earnings estimate revisions, are strongly correlated with near-term stock price movements, particularly due to institutional investors' reliance on these estimates for valuation [5]. - Rising earnings estimates and the subsequent rating upgrade suggest an improvement in the underlying business of Algonquin Power & Utilities, which could lead to higher stock prices as investors respond positively [6]. Historical Performance of Zacks Ratings - The Zacks Rank stock-rating system has a strong track record, with Zacks Rank 1 stocks averaging an annual return of +25% since 1988 [8]. - The Zacks rating system maintains a balanced distribution of "buy" and "sell" ratings, ensuring that only the top 20% of stocks receive a "Strong Buy" or "Buy" rating, indicating superior earnings estimate revisions [10][11]. Recent Earnings Estimate Revisions - For the fiscal year ending December 2025, Algonquin Power & Utilities is expected to earn $0.31 per share, unchanged from the previous year, but the Zacks Consensus Estimate has increased by 8.8% over the past three months [9].
Allegro MicroSystems (ALGM) Upgraded to Strong Buy: Here's What You Should Know
ZACKS· 2025-07-14 17:01
Core Viewpoint - Allegro MicroSystems, Inc. (ALGM) has been upgraded to a Zacks Rank 1 (Strong Buy), indicating a positive outlook driven by an upward trend in earnings estimates [1][4][11] Earnings Estimates and Revisions - The Zacks Consensus Estimate for Allegro MicroSystems is projected at $0.53 per share for the fiscal year ending March 2026, showing no year-over-year change [9] - Over the past three months, the Zacks Consensus Estimate for Allegro MicroSystems has increased by 21.8% [9] Zacks Rating System - The Zacks rating system is based solely on a company's changing earnings picture, which is a key determinant of stock ratings [2][3] - The system classifies stocks into five groups, 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] Market Implications - Rising earnings estimates and the Zacks rating upgrade suggest an improvement in Allegro MicroSystems' underlying business, which could lead to higher stock prices [6][4] - The correlation between earnings estimate revisions and near-term stock movements highlights the importance of tracking these revisions for investment decisions [7][5]
All You Need to Know About Forrester Research (FORR) Rating Upgrade to Buy
ZACKS· 2025-07-08 17:01
Core Viewpoint - Forrester Research (FORR) 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][4]. Earnings Estimates and Ratings - The Zacks rating system is based solely on a company's changing earnings picture, tracking the Zacks Consensus Estimate for EPS from sell-side analysts [2]. - The Zacks rating upgrade for Forrester Research reflects an improvement in its earnings outlook, which is expected to lead to increased buying pressure and a rise in stock price [4][6]. Impact of Earnings Estimate Revisions - Changes in a company's future earnings potential, as indicated by earnings estimate revisions, are strongly correlated with near-term stock price movements, particularly due to institutional investors' reliance on these estimates for valuation [5]. - Forrester Research's rising earnings estimates and the subsequent rating upgrade suggest an enhancement in the company's underlying business, likely resulting in higher stock prices as investors respond positively to this trend [6]. 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 [8]. - The upgrade of Forrester Research 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][11]. Current Earnings Estimates for Forrester Research - Forrester Research is projected to earn $1.27 per share for the fiscal year ending December 2025, with no year-over-year change, but the Zacks Consensus Estimate has increased by 1.8% over the past three months [9].
All You Need to Know About MPLX LP (MPLX) Rating Upgrade to Buy
ZACKS· 2025-07-08 17:00
Core Viewpoint - MPLX LP 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 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, MPLX LP is expected to earn $4.43 per share, unchanged from the previous year, but the Zacks Consensus Estimate has increased by 1% over the past three months [8]. - The upgrade to Zacks Rank 2 places MPLX LP in the top 20% of Zacks-covered stocks, suggesting potential for market-beating returns in the near term [10]. Zacks Rank System - The Zacks Rank system classifies stocks into five groups based on earnings estimates, with a proven track record of Zacks Rank 1 stocks generating an average annual return of +25% since 1988 [7]. - The system maintains a balanced distribution of ratings, ensuring that only the top 5% of stocks receive a "Strong Buy" rating, while the next 15% receive a "Buy" rating [9].
All You Need to Know About Aviva (AVVIY) Rating Upgrade to Buy
ZACKS· 2025-07-07 17:01
Core Viewpoint - Aviva (AVVIY) has been upgraded to a Zacks Rank 2 (Buy), indicating a positive outlook based on rising earnings estimates, which are crucial for stock price movements [1][3]. 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 [4][6]. - For Aviva, the Zacks Consensus Estimate for earnings per share (EPS) for the fiscal year ending December 2025 is projected at $1.38, showing no year-over-year change, but estimates have increased by 4.2% over the past three months [8]. Zacks Rating System - The Zacks Rank system classifies stocks into five groups based on earnings estimates, with Zacks Rank 1 (Strong Buy) stocks historically generating an average annual return of +25% since 1988 [7]. - Aviva's upgrade to Zacks Rank 2 places it in the top 20% of Zacks-covered stocks, suggesting a strong potential for market-beating returns in the near term [10].