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Bob Evans (BOBE) in Focus: Stock Moves 6.9% Higher

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Bob Evans Farms, Inc. was a big mover last session, as the company saw its shares rise over 6% 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 $62.19–$69.18 in the past one-month time frame, witnessed a sharp increase yesterday.

The move came after the company reported solid fiscal first quarter 2018 results.

 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.

Bob Evans currently has a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.  

A better-ranked stock in the Retail-Wholesale sector is Aaron's, Inc. (AAN - 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.

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