Signet Jewelers Limited (SIG) was a big mover last session, as the company saw its shares rise over 6% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This breaks the recent trend of the company, as the stock is now trading above the volatile price range of $95.39 to $102.01 in the past one-month time frame.
The company has seen no estimate revision over the past 30 days while the Zacks Consensus Estimate has not been in a trend either. Yesterday’s jump is encouraging though, so make sure to keep a close watch on this firm in the near future.
Signet Jewelers currently has a Zacks Rank #3 (Hold) while its Earnings ESP is negative.
However, some better-ranked stocks in the retail wholesale sector include Advance Auto Parts Inc. (AAP), Barnes & Noble, Inc. (BKS) and Bon-Ton Stores Inc. (BONT). All of these sport a Zacks Rank #1 (Strong Buy).
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report >>
To read this article on Zacks.com click here.
Get all Zacks Research Reports and be alerted to fast-breaking buy and sell opportunities every trading day.
Be the first to comment