U.S. Markets closed

Strength Seen in Pinnacle Foods Inc. (PF): Stock Soars 13.2%

Zacks Equity Research

Pinnacle Foods Inc. (PF) was a big mover last session, as the company saw its shares rise over 13% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. The stock picked up sharply from the near-flat trend of $29.56 to $30.57 in the past one-month time frame.

The company has seen no estimate revision over the past 30 days, while the Zacks Consensus Estimate remained unchanged. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

Pinnacle Foods currently has a Zacks Rank #2 (Buy) while its Earnings ESP is 0.00%.

Other players in the consumer staple sector, which look attractive at current levels, include B&G Foods Inc. (BGS), BRF S.A. (BRFS) and The Hain Celestial Group, Inc. (HAIN). While B&G Foods and BRF S.A. sport a Zacks Rank #1 (Strong Buy), Hain Celestial has the same Zacks Rank as Pinnacle Foods.

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 >>

PINNACLE FOODS INC (PF): Free Stock Analysis Report

B&G FOODS INC (BGS): Free Stock Analysis Report

BRF SA (BRFS): Free Stock Analysis Report

HAIN CELESTIAL GROUP INC (HAIN): Free Stock Analysis Report

Zacks Investment Research