Forestar Group Inc. (FOR) in Focus: Stock Rises 6.8% – Tale of the Tape

Zacks

Forestar Group Inc. (FOR) was a big mover last session, as the company saw its shares rise almost 7% 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 $18.29 to $19.56 in the past one-month time frame.

None of the estimates for this real estate industry stock were revised over the past 30 days. The Zacks Consensus Estimate also remained unchanged over the same time frame. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

Forestar Group holds a Zacks Rank #3 (Hold), while its Earnings ESP is 0.00%.

However, some better-ranked stocks in the same industry include Cheung Kong (Holdings) Limited (CHEUY), Alexander & Baldwin, Inc. (ALEX) and AV Homes, Inc. (AVHI). While Cheung Kong sports a Zacks Rank #1 (Strong Buy), Alexander & Baldwin and AV Homes hold a Zacks Rank #2 (Buy).

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