The St. Joe Company (JOE) saw a big move last session, as the company’s shares fell by over 7% on the day. The move came on pretty good 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 below the volatile price range of $24.81 to $26.21 since Jun 13, 2014.
The real estate company has seen a flat record when it comes to current year estimate revisions over the past few weeks (0 increases, 0 decreases), and the consensus for earnings hasn’t been in a trend either. This recent price action is discouraging, so make sure to keep a close watch on this firm in the near future, and especially on earnings estimates following the recent slump.
JOE currently has a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.
Some better-ranked stocks in the same industry include Cyrela Brazil Realty S.A. Empreendimentos e Participa (CYRBY), Marcus & Millichap, Inc. (MMI) and Alexander & Baldwin, Inc. (ALEX). While Cyrela Brazil and Marcus & Millichap carry a Zacks Rank #1 (Strong Buy), Alexander & Baldwin holds a Zacks Rank #2 (Buy).
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ST JOE CO (JOE): Free Stock Analysis Report
CYRELA BRAZIL RLY AD (CYRBY): Free Stock Analysis Report
MARCUS & MILLICHAP (MMI): Free Stock Analysis Report
ALEXANDER & BALDWIN NEW (ALEX): Free Stock Analysis Report
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