Fiserv Banks on Market Position & Buyouts Amid Competition
Pioneer Energy Services Corp. PES was a big mover last session, as the company saw its shares rise nearly 6% 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 93.8% in the past one-month time frame.
The company has seen five positive estimate revisions in the past few weeks, while its Zacks Consensus Estimate for the current quarter has also moved higher over the past few weeks, suggesting that more solid trading could be ahead for Pioneer Energy Services. 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.
Pioneer Energy Services currently has a Zacks Rank #2 (Buy) while its Earnings ESP is 0.00%.
Pioneer Energy Services Corp. Price
Pioneer Energy Services Corp. Price | Pioneer Energy Services Corp. Quote
Another stock worth considering in the Oils-Energy sector is Anadarko Petroleum Corporation APC which carries a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
Is PES going up? Or down? Predict to see what others think:Up or Down
The Hottest Tech Mega-Trend of All
Last year, it generated $8 billion in global revenues. By 2020, it's predicted to blast through the roof to $47 billion. Famed investor Mark Cuban says it will produce "the world's first trillionaires," but that should still leave plenty of money for regular investors who make the right trades early.
See Zacks' 3 Best Stocks to Play This Trend >>
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
Pioneer Energy Services Corp. (PES) : Free Stock Analysis Report
Anadarko Petroleum Corporation (APC) : Free Stock Analysis Report
To read this article on Zacks.com click here.