Kate Spade & Company KATE was a big mover last session, as the company saw its shares surge nearly 11% on the day. The company posted impressive third-quarter earnings, which led to solid volume too with far more shares changing hands than in a normal session. This continues the recent uptrend of the company as the stock has gained 19.7% in the past one-month time frame.
In the last 30 days, although this company witnessed 2 downward estimate revisions, the Zacks Consensus Estimate has remained unchanged over the same period. However, the recent price action is encouraging, so make sure to keep a close watch on this firm in the near future.
Kate Spade & Company currently has a Zacks Rank #3 (Hold).
An attractive player in the same sector includes Express Inc. EXPR sporting 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 >>
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
Be the first to comment