HD Supply Holdings, Inc. HDS was a big mover last session, as the company saw its shares rise more than 6% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This breaks the recent trend of the company, as the stock is now trading above the volatile price range of $34.44 to $36.98 in the past one-month time frame.
The move came after the company reported better than expected third-quarter 2017 results.
The company has seen no estimate revisions over the past few weeks and the Zacks Consensus Estimate for the current quarter remained unchanged. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.
HD Supply Holdings currently has a Zacks Rank #3 (Hold) while its Earnings ESP is negative.
A better-ranked stock in the Industrial Services industry is Dynamic Materials Corp. BOOM, which currently carries a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
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