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DSW Catches Eye: Stock Jumps 7.7%

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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 $20.32–$29.75 in the past one-month time frame, witnessed a sharp increase yesterday.

The company has seen a mixed track record when it comes to estimate revisions of one increase and two decrease over the past few weeks, while the Zacks Consensus Estimate for the current quarter hasn’t been in a trend either. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

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

Investors interested in the Retail - Apparel and Shoes industry may consider a better-ranked stock like Abercrombie & Fitch Company (ANF - Free Report) , which 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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