Can South Plains Financial (SPFI) Run Higher on Rising Earnings Estimates?
South Plains Financial(SPFI) ZACKS·2024-07-26 01:22
The upward trend in estimate revisions for this company reflects growing optimism of analysts on its earnings prospects, which should get reflected in its stock price. After all, empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock price movements. This insight is at the core of our stock rating tool -- the Zacks Rank. For South Plains Financial, strong agreement among the covering analysts in revising earnings estimates upward has resulted in meani ...