Holcim Ltd Unsponsored ADR (HCMLY) Upgraded to Strong Buy: What Does It Mean for the Stock?

15.04.24 18:00 Uhr

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Investors might want to bet on Holcim Ltd Unsponsored ADR (HCMLY), as it has been recently upgraded to a Zacks Rank #1 (Strong Buy). This upgrade primarily reflects an upward trend in earnings estimates, which is one of the most powerful forces impacting stock prices.The Zacks rating relies solely on a company's changing earnings picture. It tracks EPS estimates for the current and following years from the sell-side analysts covering the stock through a consensus measure -- the Zacks Consensus Estimate.The power of a changing earnings picture in determining near-term stock price movements makes the Zacks rating system highly useful for individual investors, since it can be difficult to make decisions based on rating upgrades by Wall Street analysts. These are mostly driven by subjective factors that are hard to see and measure in real time.As such, the Zacks rating upgrade for Holcim Ltd Unsponsored ADR is essentially a positive comment on its earnings outlook that could have a favorable impact on its stock price.Most Powerful Force Impacting Stock PricesThe change in a company's future earnings potential, as reflected in earnings estimate revisions, and the near-term price movement of its stock are proven to be strongly correlated. That's partly because of the influence of institutional investors that use earnings and earnings estimates for calculating the fair value of a company's shares. An increase or decrease in earnings estimates in their valuation models simply results in higher or lower fair value for a stock, and institutional investors typically buy or sell it. Their transaction of large amounts of shares then leads to price movement for the stock.Fundamentally speaking, rising earnings estimates and the consequent rating upgrade for Holcim Ltd Unsponsored ADR imply an improvement in the company's underlying business. Investors should show their appreciation for this improving business trend by pushing the stock higher.Harnessing the Power of Earnings Estimate RevisionsEmpirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock movements, so it could be truly rewarding if such revisions are tracked for making an investment decision. Here is where the tried-and-tested Zacks Rank stock-rating system plays an important role, as it effectively harnesses the power of earnings estimate revisions.The Zacks Rank stock-rating system, which uses four factors related to earnings estimates to classify stocks into five groups, ranging from Zacks Rank #1 (Strong Buy) to Zacks Rank #5 (Strong Sell), has an impressive externally-audited track record, with Zacks Rank #1 stocks generating an average annual return of +25% since 1988. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here >>>>.Earnings Estimate Revisions for Holcim Ltd Unsponsored ADRFor the fiscal year ending December 2024, this company is expected to earn $1.30 per share, which is a change of 7.4% from the year-ago reported number.Analysts have been steadily raising their estimates for Holcim Ltd Unsponsored ADR. Over the past three months, the Zacks Consensus Estimate for the company has increased 8.3%.Bottom LineUnlike the overly optimistic Wall Street analysts whose rating systems tend to be weighted toward favorable recommendations, the Zacks rating system maintains an equal proportion of 'buy' and 'sell' ratings for its entire universe of more than 4000 stocks at any point in time. Irrespective of market conditions, only the top 5% of the Zacks-covered stocks get a 'Strong Buy' rating and the next 15% get a 'Buy' rating. So, the placement of a stock in the top 20% of the Zacks-covered stocks indicates its superior earnings estimate revision feature, making it a solid candidate for producing market-beating returns in the near term.You can learn more about the Zacks Rank here >>>The upgrade of Holcim Ltd Unsponsored ADR to a Zacks Rank #1 positions it in the top 5% of the Zacks-covered stocks in terms of estimate revisions, implying that the stock might move higher in the near term.Zacks Names "Single Best Pick to Double" From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.It’s an American AI company that’s riding low right now, but it has rounded up clients like BMW, GE, Dell Computer, and Bosch. It has prospects for not just doubling but quadrupling in the year to come. Of course, all our picks aren’t winners but this one could far surpass earlier Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.Free: See Our Top Stock And 4 Runners UpWant the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Holcim Ltd Unsponsored ADR (HCMLY): Free Stock Analysis ReportTo read this article on Zacks.com click here.Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks

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Nachrichten zu Holcim AG

Analysen zu Holcim AG

DatumRatingAnalyst
26.04.2024Holcim HoldDeutsche Bank AG
29.01.2024Holcim KaufenDZ BANK
10.01.2024Holcim NeutralMerrill Lynch & Co., Inc.
10.11.2023Holcim HoldJoh. Berenberg, Gossler & Co. KG (Berenberg Bank)
10.11.2023Holcim HoldJefferies & Company Inc.
DatumRatingAnalyst
29.01.2024Holcim KaufenDZ BANK
16.05.2022Holcim BuyUBS AG
25.04.2022Holcim BuyDeutsche Bank AG
25.04.2022Holcim BuyUBS AG
22.04.2022Holcim OutperformCredit Suisse Group
DatumRatingAnalyst
26.04.2024Holcim HoldDeutsche Bank AG
10.01.2024Holcim NeutralMerrill Lynch & Co., Inc.
10.11.2023Holcim HoldJoh. Berenberg, Gossler & Co. KG (Berenberg Bank)
10.11.2023Holcim HoldJefferies & Company Inc.
13.10.2023Holcim NeutralGoldman Sachs Group Inc.
DatumRatingAnalyst
07.03.2023Holcim SellJoh. Berenberg, Gossler & Co. KG (Berenberg Bank)
24.02.2023Holcim SellGoldman Sachs Group Inc.
14.10.2022Holcim SellGoldman Sachs Group Inc.
04.02.2022Holcim SellJoh. Berenberg, Gossler & Co. KG (Berenberg Bank)
10.05.2019LafargeHolcim SellUBS AG

Um die Übersicht zu verbessern, haben Sie die Möglichkeit, die Analysen für Holcim AG nach folgenden Kriterien zu filtern.

Alle: Alle Empfehlungen

Buy: Kaufempfehlungen wie z.B. "kaufen" oder "buy"
Hold: Halten-Empfehlungen wie z.B. "halten" oder "neutral"
Sell: Verkaufsempfehlungn wie z.B. "verkaufen" oder "reduce"