Stage Stores Inc. (SSI) in Focus: Stock Surges 19.4% – Tale of the Tape

Zacks

Stage Stores Inc. (SSI) was a big mover last session, as the company saw its shares rise by over 19% 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 of the company, as the stock is now trading above the volatile price range of $15.74 to $17.24 in the past one-month time frame.

The company has seen two negative revisions in the past one month, while its Zacks Consensus Estimate moved lower 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 move higher can last.

Stage Stores currently carries a Zacks Rank #5 (Strong Sell) while its Earnings ESP is negative.

However, some better-ranked stocks in the broad retail sector include Best Buy Co., Inc. (BBY), 1-800-Flowers.com Inc. (FLWS) and Safeway Inc. (SWY). All these stocks carry a Zacks Rank #1 (Strong Buy).

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