Arconic, Inc. (ARNC - Free Report) was a big mover last session, as the company saw its shares rise over 5% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This reverses the recent trend for the company—as the stock is now down 15.1% in the past one-month time frame.
The move came as a recovery after a two-day sell off on the stock.
The company has seen two negative estimate revisions in the past two months, while its Zacks Consensus Estimate for the current quarter has also moved lower over the past two months, suggesting there may be trouble down the road. So make sure to keep an eye on this stock going forward, to see if this recent move higher can last.
Arconic currently has a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.
Arconic Inc. Price and Consensus
A better-ranked stock in the same sector is Uranium Resources, Inc. , which currently carries a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
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