IHS Inc. (IHS) was a big mover last session, as the company saw its shares rise roughly 7% on the day. The move came on the company’s announcement of impressive Q4 and FY14 results in the early hours of Jan 13. This led to solid volume with far more shares changing hands than in a normal session.
The stock has been trading down for most part of the last one month, before showing a gradual rise since Jan 6. Over the past month, the stock has gained a nominal 1.5%.
The company has seen no estimate revisions in the past 30 days and the Zacks Consensus Estimate has also remained unchanged over the same time frame. Yesterday’s price action is encouraging though, so make sure to keep a close watch on this firm in the near future.
IHS Inc. currently has a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.
A better-ranked stock in the wider business services sector is Alliance Data Systems Corporation (ADS), carrying a Zacks Rank #2 (Buy).
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