hhgregg, Inc (HGG) Looks Good: Stock Adds 5.6% in Session
hhgregg, Inc. HGG was a big mover last session, as the company saw its shares rise nearly 6% on the day. The move came on solid volume with far more shares changing hands than in a normal session. This reverses the downtrend for the company since Oct 28, as the stock is now down more than 29%.
In the last 30 days, the company has seen one upward and five downward estimate revisions and the Zacks Consensus Estimate also moved lower, 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.
hhgregg, Inc. currently has a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.
A better-ranked stock from the broader retail sector is BJ's Restaurants, Inc. BJRI with a Zacks Rank # 1 (Strong Buy).
Is HGG going up? Or down? Predict to see what others think: Up or Down
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BJ'S RESTAURANT (BJRI): Free Stock Analysis Report
HHGREGG INC (HGG): Free Stock Analysis Report
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