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DSW Inc. (DSW) Jumps: Stock Rises 17.5%

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DSW Inc. was a big mover last session, as the company saw its shares rise nearly 8% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This stock, which remained volatile and traded within the range of $15.69 –$18.72 in the past one-month time frame, witnessed a sharp increase yesterday.

The move came after the company posted better-than-expected second-quarter 2017 results.

The company has seen a mixed track record when it comes to estimate revisions of one increase and two decrease over the past few two months, 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.

DSW Inc. Price and Consensus

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

A better-ranked stock in the Retail - Apparel and Shoes industryis The Children’s Place, Inc. (PLCE - Free Report) , which currently carries a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank  stocks here.

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

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