Ameris Bancorp Gains 57% Year and Rises 3.31% Last Week
Ameris Bancorp holds a Style Score B and a #2 Buy rating, with shares up 3.31% last week versus the Banks-Southeast industry’s 2.39%. Shares rose 57.01% over the past year versus the S&P 500’s 32.40%, and earnings estimates for the fiscal year rose from $6.43 to $6.50.
1. Momentum Profile
Ameris Bancorp holds a Style Score of B and a #2 Buy rating, reflecting strong momentum characteristics and positive estimate revisions that support continued investor interest.
2. Price Performance and Volume
Shares have risen 3.31% over the past week and 3.86% over the last month, outpacing the Banks-Southeast industry’s 2.39% and 2.81% gains; quarter-to-date and year-to-date returns stand at 1.73% and 57.01% versus the S&P 500’s –4.11% and 32.40%, with an average daily volume of 553,123 shares over the past 20 days.
3. Earnings Estimate Revisions
In the past two months, full-year earnings estimates were revised higher from $6.43 to $6.50 based on two upward adjustments and no downward changes, while next fiscal year forecasts have seen similar upward revisions.