Aaron's, Inc. (AAN - Free Report) was a big mover last session, as the company saw its shares rise over 17% 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 $37.71 to $40.26 in the past one month time frame.
The upside was driven by the acquisition news its largest franchisee, SEI/Aaron’s, Inc.
The company has not seen any estimate revisions over the past few weeks, 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.
Aaron's currently has a Zacks Rank #1 (Strong Buy) while its Earnings ESP is 0.00%.
Another stock worth considering in the Retail-Wholesale sector is Alibaba Group Holding Limited (BABA - Free Report) which carries a Zacks Rank #1. You can see the complete list of today’s Zacks #1 Rank stocks here.
Is AAN going up? Or down? Predict to see what others think: Up or Down
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