U.S. Markets open in 4 hrs 23 mins

Alliant Techsystems (ATK) in Focus: Stock Moves 5.2% Higher

Zacks Equity Research

Alliant Techsystems Inc. (ATK) was a big mover last session, as the company saw its shares rise by over 5% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This continues the recent uptrend for the company as the stock is now up over 19% in the past one-month time frame.

This aerospace & defense equipment company has seen four positive estimate revisions over the last 30 days while its Zacks Consensus Estimate moved higher over the same time frame, suggesting that more solid trading could be ahead for Alliant Techsystems. So make sure to keep an eye on this stock going forward to see if this recent move higher can turn into more strength down the road.

Alliant Techsystems currently has a Zacks Rank #1 (Strong Buy) while its Earnings ESP is positive.

Some stocks in the same industry looking equally good include Astronics Corporation (ATRO), BAE Systems plc (BAESY) and Spirit AeroSystems Holdings, Inc. (SPR). All these stocks hold a Zacks Rank #1 (Strong Buy).

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report >>

ALLIANT TECHSYSTEMS INC (ATK): Free Stock Analysis Report

ASTRONICS CP (ATRO): Free Stock Analysis Report

BAE SYSTEMS SPONS AD (BAESY): Free Stock Analysis Report


Zacks Investment Research