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IHS Markit (INFO) Catches Eye: Stock Jumps 5.3%

Zacks Equity Research

IHS Markit Ltd. INFO 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 $57.39 to $60.75 in the past one-month time frame.

The upmove came after the company's second-quarter fiscal 2019 earnings trumped estimates.

The company has seen no changes when it comes to estimate revision over the past few weeks, while the Zacks Consensus Estimate for the current quarter has also remained unchanged. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

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

IHS Markit Ltd. Price

IHS Markit Ltd. Price

IHS Markit Ltd. price | IHS Markit Ltd. Quote

Investors interested in the Business - Information Services industry may consider a better-ranked stock like Nielsen Holdings plc NLSN, which carries a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
 
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