NVR, Inc. (NVR) was a big mover last session, as the company saw its shares rise more than 5% 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 $997.49 to $1040.38 in the past one-month time frame.
This homebuilding stock witnessed one positive estimate revision over the past 30 days. The Zacks Consensus Estimate also moved up over the same time frame, suggesting that more solid trading could be ahead for NVR. So make sure to keep an eye on this stock going forward to see if yesterday’s jump can turn into more strength down the road.
NVR, Inc. has a Zacks Rank #4 (Sell), while its Earnings ESP is negative.
However, some better-ranked stocks in the same sector include Beazer Homes USA Inc. (BZH), Standard Pacific Corp. (SPF) and Toll Brothers Inc. (TOL). All these stocks hold a Zacks Rank #2 (Buy).
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NVR INC (NVR): Free Stock Analysis Report
BEAZER HOMES USA NEW (BZH): Free Stock Analysis Report
STANDARD PACIFIC CORP (SPF): Free Stock Analysis Report
TOLL BROTHERS INC (TOL): Free Stock Analysis Report
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