The Container Store Group, Inc. (TCS) was a big mover last session, as the company saw its shares surge over 10% on the day. This rally higher can be attributable to solid volume with far more shares changing hands than in a normal session. This reverses the recent downtrend for the company as the stock is now down about 23.8% in the past one-month time frame.
In the last 30 days, the company witnessed 6 downward estimate revisions and the Zacks Consensus Estimate decreased over the same time frame, suggesting there may be trouble down the road. So make sure to keep an eye on this stock going forward to see if this recent high can last.
The Container Store currently has a Zacks Rank #3 (Hold) while its Earnings ESP is negative.
Other stocks in the same industry include Jarden Corp. (JAH) with a Zacks Rank #1 (Strong Buy) along with Prestige Brands Holdings, Inc. (PBH), and Spectrum Brands Holdings, Inc. (SPB), sporting a Zacks Rank #2 (Buy).
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