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Joy Global (JOY) Jumps: Stock Rises 8.1% in Session

Zacks Equity Research

Joy Global, Inc. (JOY)was a big mover last session, as the company saw its shares rise more than 8% 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 $60.15 to $63.31 over the past one-month time frame.

None of the estimates for this company were revised over the past 7 days.The Zacks Consensus Estimate  also remained unchanged over the same time frame. Yesterday’s price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

Joy Global carries a Zacks Rank #3 (Hold), while its Earnings ESP is negative.

However, some better-ranked stocks in the mach-const/mng industry include Komatsu Ltd. (KMTUY), Caterpillar Inc. (CAT) and H&E Equipment Services Inc. (HEES). While Komatsu sports a Zacks Rank #1 (Strong Buy), Caterpillar and H&E Equipment hold a Zacks Rank #2 (Buy).

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JOY GLOBAL INC (JOY): Free Stock Analysis Report

KOMATSU LTD SPONS AD (KMTUY): Free Stock Analysis Report

CATERPILLAR INC DEL (CAT): Free Stock Analysis Report

H&E EQUIPMENT SERVICES INC (HEES): Free Stock Analysis Report

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