Zale Corp. (ZLC) in Focus: Stock Soars 40.3%
Zale Corporation (ZLC) was a big mover last session with its shares surging over 40% 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 $14.60 to $16.00 in the past one-month time frame.
This jewelry retailer has witnessed no estimate revision in the last 30 days. The Zacks Consensus Estimate hasn’t been in trend either. Yesterday’s price action is encouraging though, so make sure to keep a close watch on this firm in the near future.
Zale Corp. currently has a Zacks Rank #4 (Sell) while its Earnings ESP is 0.00%.
However, better-ranked stocks in the broader retail sector include Christopher & Banks Corp. (CBK), Haverty Furniture Companies Inc. (HVT) and Macy's, Inc. (M). While Christopher & Banks sports a Zacks Rank #1 (Strong Buy), Haverty Furniture and Macy’s bear a Zacks Rank #2 (Buy).
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ZALE CORP (ZLC): Free Stock Analysis Report
CHRISTOPHER & BANKS CORP (CBK): Free Stock Analysis Report
HAVERTY FURNITURE COS (HVT): Free Stock Analysis Report
MACYS INC (M): Free Stock Analysis Report
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