Jones Lang LaSalle(JLL) ZACKS·2025-01-15 18:00Core View - Jones Lang LaSalle (JLL) has been upgraded to a Zacks Rank 1 (Strong Buy), reflecting an upward trend in earnings estimates, which is a powerful force impacting stock prices [1][3] - The Zacks rating system relies on earnings estimate revisions, which have a strong correlation with near-term stock price movements [4][6] - The upgrade positions JLL in the top 5% of Zacks-covered stocks, indicating superior earnings estimate revisions and potential for market-beating returns [10] Earnings Estimate Revisions - For the fiscal year ending December 2024, JLL is expected to earn $13.60 per share, an 83.8% increase from the previous year [8] - Over the past three months, the Zacks Consensus Estimate for JLL has increased by 2% [8] Zacks Rating System - The Zacks Rank system classifies stocks into five groups based on four factors related to earnings estimates, with Zacks Rank 1 stocks generating an average annual return of +25% since 1988 [7] - The system maintains an equal proportion of 'buy' and 'sell' ratings, with only the top 5% of stocks receiving a 'Strong Buy' rating [9][10] Institutional Influence - Institutional investors use earnings and earnings estimates to calculate the fair value of a company's shares, and changes in these estimates lead to buying or selling pressure, impacting stock prices [4]