Banco Bilbao (BBVA) Is Up 3.45% in One Week: What You Should Know

Core Viewpoint - Momentum investing focuses on following a stock's recent price trends, aiming to buy high and sell higher, with the expectation that established trends will continue [1][2]. Company Overview: Banco Bilbao (BBVA) - BBVA currently holds a Momentum Style Score of B, indicating potential as a solid momentum pick [3][12]. - The bank has a Zacks Rank of 1 (Strong Buy), which historically outperforms the market when combined with a Style Score of A or B [4]. Performance Metrics - Over the past week, BBVA shares increased by 3.45%, while the Zacks Banks - Foreign industry rose by 3.96% [6]. - In a longer timeframe, BBVA's monthly price change is 3.64%, outperforming the industry's 2.51% [6]. - Over the past quarter, BBVA shares have surged by 25.49%, and over the last year, they have gained 22.88%, contrasting with the S&P 500's declines of -9.16% and gains of 10.9%, respectively [7]. Trading Volume - BBVA's average 20-day trading volume is 2,344,395 shares, which serves as a bullish indicator when combined with rising stock prices [8]. Earnings Outlook - Recent earnings estimate revisions for BBVA show positive trends, with 2 estimates moving higher and none lower over the past two months, raising the consensus estimate from $1.59 to$1.81 [10]. - For the next fiscal year, 1 estimate has increased, with no downward revisions noted [10].