BofI Holding, Inc. (BOFI) 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 reverses the recent trend for the company, as the stock is now down more than 11% since Mar 28, 2014.
The company has no estimate revisions in the past 30 days, while its Zacks Consensus Estimate moved lower over the same time frame, suggesting trouble down the road. So make sure to keep an eye on this stock going forward to see if this recent move higher can last.
BofI Holding currently has a Zacks Rank #2 (Buy) while its Earnings ESP is 0.00%.
Investors interested in the banking sector may consider stocks like SVB Financial Group (SIVB), Central Pacific Financial Corp. (CPF) and Glacier Bancorp, Inc. (GBCI). All these stocks sport a Zacks Rank #1 (Strong Buy).
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