Origin Bancorp Momentum Score A After 30% Quarterly Gain
Origin Bancorp carries a Zacks Momentum Style Score of A and Zacks Rank #2 as shares climbed 4.82% over the past week and 30.28% in the quarter, outpacing Southeast banking peers. Analysts raised full-year earnings estimates from $3.72 to $3.85 and boosted next-year forecasts by two revisions.
1. Momentum Style Score and Ranking
Origin Bancorp holds a Zacks Momentum Style Score of A and a Zacks Rank #2 (Buy), reflecting strong short-term trend metrics and upward earnings estimate revisions that historically correlate with outperformance over the next month.
2. Recent Price Performance
Shares gained 4.82% over the past week and 30.28% in the last quarter, versus a 1.25% weekly and 5.81% monthly rise in the Southeast banking industry and a 0.3% and 13.4% move in the S&P 500 over those respective periods.
3. Earnings Estimate Revisions
Over the past 60 days, full-year earnings per share forecasts rose from $3.72 to $3.85 on two upward revisions and no downgrades, while analysts made two more upward revisions for the next fiscal year, supporting the momentum outlook.