Taking full advantage of the stock market and investing with confidence are common goals for new and old investors alike.
While you may have an investing style you rely on, finding great stocks is made easier with the Zacks Style Scores. These are complementary indicators that rate stocks based on value, growth, and/or momentum characteristics.
Momentum investors, who live by the saying "the trend is your friend," are most interested in taking advantage of upward or downward trends in a stock's price or earnings outlook. Utilizing one-week price change and the monthly percentage change in earnings estimates, among other factors, the Momentum Style Score can help determine favorable times to buy high-momentum stocks.
Founded in 1969 and headquartered in New York, Assurant Inc. is a global provider of risk management solutions in the housing and lifestyle markets, protecting where people live and the goods they buy. The company operates in North America, Latin America, Europe and Asia Pacific. Assurant was incorporated as a Delaware corporation in 2004.
AIZ boasts a Momentum Style Score of B and VGM Score of A, and holds a Zacks Rank #2 (Buy) rating. Shares of Assurant has seen some interesting price action recently; the stock is down 1.5% over the past one week and up 2.3% over the past four weeks. And in the last one-year period, AIZ has gained 26.2%. As for the stock's trading volume, 348,742.94 shares on average were traded over the last 20 days.
Momentum investors also pay close attention to a company's earnings. For AIZ, three analysts revised their earnings estimate upwards in the last 60 days, and the Zacks Consensus Estimate has increased $0.44 to $15.82 per share for 2024. AIZ boasts an average earnings surprise of 20.3%.
Investors should take the time to consider AIZ for their portfolios due to its solid Zacks Ranks, notable earnings metrics, and impressive Momentum and VGM Style Scores.
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Assurant, Inc. (AIZ) : Free Stock Analysis Report
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