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Select Comfort Corporation (SCSS) Soars: Stock Adds 11.3% in Session
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Select Comfort Corporation was a big mover last session, as the company saw its shares rise over 11% 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 $28.58 to $32.70 in the past one-month time frame.
The upside was driven by rumors of a potential buyout or merger in the mattress industry.
The company has not seen any estimate revisions over the past one month, while the Zacks Consensus Estimate for the current quarter remained unchanged. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.
Select Comfort currently has a Zacks Rank #3 (Hold), while its Earnings ESP is 0.00%.
Is SCSS going up? Or down? Predict to see what others think: Up or Down
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Select Comfort Corporation (SCSS) Soars: Stock Adds 11.3% in Session
Select Comfort Corporation was a big mover last session, as the company saw its shares rise over 11% 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 $28.58 to $32.70 in the past one-month time frame.
The upside was driven by rumors of a potential buyout or merger in the mattress industry.
The company has not seen any estimate revisions over the past one month, while the Zacks Consensus Estimate for the current quarter remained unchanged. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.
Select Comfort currently has a Zacks Rank #3 (Hold), while its Earnings ESP is 0.00%.
Select Comfort Corporation Price
Select Comfort Corporation Price | Select Comfort Corporation Quote
A better-ranked stock in the Furniture industry is American Woodmark Corporation (AMWD - Free Report) , which currently carries a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Is SCSS going up? Or down? Predict to see what others think: Up or Down
5 Trades Could Profit "Big-League" from Trump Policies
If the stocks above spark your interest, wait until you look into companies primed to make substantial gains from Washington's changing course.
Today Zacks reveals 5 tickers that could benefit from new trends like streamlined drug approvals, tariffs, lower taxes, higher interest rates, and spending surges in defense and infrastructure. See these buy recommendations now >>