Barnes & Noble, Inc. BKS was a big mover last session, as its shares rose almost 8% on the day. The move came on the back of the bullish outlook for 2017 provided by the company. This also led to far more shares changing hands than in a normal session. This reverses the recent downtrend for the company as the stock is now down 3% in the past one-month.
None of the estimates for this stock were revised over the past 30 days. The Zacks Consensus Estimate 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.
Barnes & Noble currently has a Zacks Rank #3 (Hold).
A better-ranked stock in the retail sector is Cabela's Incorporated CAB which holds a Zacks Rank #2 (Buy).
Is BKS going up? Or down? Predict to see what others think: Up or Down
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