West Marine Inc. (WMAR) was a big mover last session, as the company saw its shares rise over 5% 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 almost 12% in the past one-month time frame.
The company has seen no estimate revision over the past 30 days, while the Zacks Consensus Estimate remained unchanged. Thursday's price action is encouraging though, so make sure to keep a close watch on this firm in the near future.
West Marine currently has a Zacks Rank #4 (Sell) while its Earnings ESP is 0.00%.
A better-ranked stock in the same space is Malibu Boats, Inc. (MBUU) sporting a Zacks Rank #1 (Strong Buy).
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(We have revised this article to correct a mistake. The previous version, published earlier today, should not be relied upon.)
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