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Cardiovascular Systems (CSII) in Focus: Stock Moves 7.7% Higher

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Surging Earnings Estimates Signal Upside for Ranger Energy Services, Inc. (RNGR) Stock

Ranger Energy Services, Inc. (RNGR) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.

Cardiovascular Systems, Inc. CSII was a big mover last session, as the company saw its shares rise nearly 8% 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 7.6% in the past one-month time frame.

The company has seen three positive estimate revisions in the past few months, while its Zacks Consensus Estimate for the current quarter has also moved higher over the past few months, suggesting that more solid trading could be ahead for Cardiovascular Systems. So make sure to keep an eye on this stock going forward to see if this recent jump can turn into more strength down the road.

Cardiovascular Systems currently has a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.

Cardiovascular Systems, Inc. Price

Cardiovascular Systems, Inc. Price | Cardiovascular Systems, Inc. Quote

 

A better-ranked stock in the Medical sector is Abaxis, Inc. ABAX, which currently carries a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

Is CSII going up? Or down? Predict to see what others think: Up or Down

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