1st Source Gains 3.65% Weekly, 6.54% Monthly with Momentum Score B
1st Source shares have risen 3.65% over the past week and 6.54% over the past month, outperforming the Midwest banking industry with respective industry averages of 3.38% and 3.75%. The bank holds a Momentum Style Score of B and a Rank #2 (Buy), with full-year earnings estimates nudged up to $6.70.
1. Price Performance
Shares of 1st Source rose 3.65% over the past week and 6.54% over the past month, compared with industry gains of 3.38% and 3.75%, respectively; the stock also gained 13.32% over the past quarter and 32.42% over the past year versus a 4.11% quarterly decline and 32.4% annual gain for the S&P 500.
2. Trading Volume Baseline
The 20-day average trading volume stands at 158,370 shares, providing a volume baseline against which future price movements can be assessed for momentum confirmation.
3. Momentum Score and Buy Rating
The company holds a Momentum Style Score of B and a Rank #2 (Buy) rating in the Style Scores system, reflecting favorable combined trends in price change and analyst estimate revisions.
4. Earnings Estimate Revisions
Analysts’ consensus full-year earnings estimates were raised from $6.69 to $6.70 over the past 60 days with one upward revision and none downward, and a similar single upward adjustment occurred for next fiscal year projections.