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).
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 >>
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
Zacks Investment Research