Acxiom Corporation (ACXM) was a big mover last session, as the company saw its shares rise by nearly 7% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This continues the recent uptrend for the company, as the stock is now up above 13% in the past one-month time frame.
The company has seen one negative estimate revision in the past 30 days and its Zacks Consensus Estimate moved lower over the same time frame, suggesting there may be trouble down the road. So make sure to keep an eye on this stock going forward to see if Friday’s move higher can last.
Acxiom currently has a Zacks Rank #4 (Sell) while its Earnings ESP is 0.00%.
However, some better-ranked IT services stocks include CoStar Group Inc. (CSGP), Amdocs Limited (DOX) and EPAM Systems, Inc. (EPAM). All these stocks carry a Zacks Rank #2 (Buy).
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