Rio Tinto Up 36.4% Last Quarter and Earns Momentum Score A
Rio Tinto holds a Momentum Style Score of A and Zacks Rank #1, with shares up 36.42% last quarter and 63.16% in the past year versus the S&P 500’s 1.03% and 16.82% gains. The consensus full-year earnings forecast rose from $7.10 to $8.09 over 60 days with zero downward revisions.
1. Momentum and Price Performance
Rio Tinto shares rose 2.32% over the past week versus the mining industry’s 5.45% gain, outperformed by a monthly increase of 7.66% against 3.89%. Over the last quarter, shares jumped 36.42% and have climbed 63.16% in the past year, dwarfing the S&P 500’s 1.03% and 16.82% returns.
2. Earnings Estimate Revisions
In the past 60 days, three upward full-year earnings estimate revisions lifted the consensus from $7.10 to $8.09, while no downward revisions occurred. For the next fiscal year, analysts recorded one upward revision and zero downward adjustments.
3. Trading Volume Trends
The 20-day average trading volume stands at 3,496,402 shares, establishing a strong price-to-volume baseline. Elevated volume alongside share price gains typically signals bullish investor sentiment and reinforces the momentum profile.
4. Ratings and Outlook
Rio Tinto maintains a Momentum Style Score of A and a Zacks Rank #1 (Strong Buy), reflecting positive price momentum and favorable estimate trends. These indicators suggest the stock may continue to outperform in the near term.