The Estee Lauder Companies, Inc. (EL Quick QuoteEL - Free Report) was a big mover last session, as the company saw its shares rise more than 7% 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 $96.94 to $103.77 in the past one-month time frame.

The move came after the company reported solid fourth-quarter fiscal 2017 results.

The company has seen two 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 Estee Lauder. 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.

Estee Lauder currently has a Zacks Rank #3 (Hold) while its Earnings ESP is positive.

Estee Lauder Companies, Inc. (The) Price and Consensus

A better-ranked stock in the Consumer Staples sector is Craft Brew Alliance, Inc. which carries a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.

Is EL going up? Or down? Predict to see what others think: Up or Down

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