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FBMS Has Surged 26% Since Earnings, Can it Continue?

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A month has gone by since the last earnings report for First Bancshares (FBMS - Free Report) , with the stock up an impressive 26.3 % in that time period.

Will the recent positive trend continue leading up to their next earnings release, or is the stock due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at recent trends in estimate changes in order to get a better handle on the stock.

How have estimates been moving since then?

It turns out, fresh estimates have trended down during the past month. There has been one revision lower for the current quarter. As a result, the consensus estimate has shifted by -33.3 % due to these changes during this period.

VGM Scores

At this time, First Bancshares'  stock has a poor Growth score of 'F', but its momentum is doing a lot better with an 'A'. However, the stock was allocated a grade of 'C' on the value side, putting it in the third quintile for this investment strategy. The company has a good historical cash flow growth level of about 26.1 %. The overall Zacks Style Score or VGM Score for FBMS is very low 'D'.

Our style scores indicate that the stock is not positioned well from a fundamentals standpoint.

Outlook

Since estimates have been broadly trending down, it's no surprise shares of FBMS have a Zacks Rank # 4 (sell). This means we expect this stock to underperform in the next few months.

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