Zacks Mining - Miscellaneous

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Are You Looking for a Top Momentum Pick? Why MP Materials Corp. (MP) is a Great Choice
ZACKS· 2025-09-02 17:01
Core Viewpoint - Momentum investing focuses on following a stock's recent price trends, aiming to buy high and sell even higher, with the expectation that established trends will continue [1]. Company Overview: MP Materials Corp. - MP Materials Corp. currently holds a Momentum Style Score of A, indicating strong momentum characteristics [2]. - The company has a Zacks Rank of 2 (Buy), suggesting it is positioned for potential outperformance in the market [3]. Price Performance - Over the past week, MP shares increased by 4.8%, outperforming the Zacks Mining - Miscellaneous industry, which rose by 2.6% [5]. - In a longer timeframe, MP's monthly price change is 8.74%, compared to the industry's 8.01% [5]. - Over the last quarter, MP shares have surged by 156.92%, and over the past year, they have risen by 451.47%, while the S&P 500 only increased by 9.8% and 15.8%, respectively [6]. Trading Volume - MP's average 20-day trading volume is 11,722,420 shares, which serves as a bullish indicator when combined with rising stock prices [7]. Earnings Outlook - In the past two months, three earnings estimates for MP have been revised upwards, while none have been lowered, leading to an increase in the consensus estimate from -$0.53 to -$0.32 [9]. - For the next fiscal year, four estimates have moved upwards with no downward revisions during the same period [9]. Conclusion - Given the strong momentum indicators and positive earnings outlook, MP Materials Corp. is recommended as a stock to consider for near-term investment opportunities [11].
Can Materion (MTRN) Keep the Earnings Surprise Streak Alive?
ZACKS· 2025-07-24 17:10
Core Viewpoint - Materion (MTRN) is positioned well to potentially beat earnings estimates in its upcoming quarterly report, supported by a solid history of performance in this regard [1]. Group 1: Earnings Performance - Materion has consistently beaten earnings estimates, with an average surprise of 4.64% over the last two quarters [2]. - In the last reported quarter, Materion achieved earnings of $1.13 per share, surpassing the Zacks Consensus Estimate of $1.12 per share, resulting in a surprise of 0.89% [3]. - In the previous quarter, the company exceeded expectations by reporting earnings of $1.55 per share against an estimate of $1.43 per share, delivering a surprise of 8.39% [3]. Group 2: Earnings Estimates and Predictions - There has been a favorable change in earnings estimates for Materion, with a positive Zacks Earnings ESP (Expected Surprise Prediction) indicating a strong likelihood of an earnings beat [6]. - The combination of a positive Earnings ESP and a Zacks Rank of 3 (Hold) or better has historically resulted in a positive surprise nearly 70% of the time [7]. - Materion currently has an Earnings ESP of +1.28%, suggesting increased analyst optimism regarding its near-term earnings potential [9]. Group 3: Upcoming Earnings Report - Materion's next earnings report is anticipated to be released on July 30, 2025 [9].