Back to top

Image: Bigstock

Etsy (ETSY) in Focus: Stock Moves 5.2% Higher

Read MoreHide Full Article

Etsy, Inc. (ETSY - Free Report) was a big mover last session, as the company saw its shares rise more than 5% 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 $47.98 –$55.74 in the past one-month time frame, witnessed a sharp increase yesterday.

The company has seen one positive estimate revision in the past few weeks, while its Zacks Consensus Estimate for the current quarter has also moved higher over the past few weeks, suggesting that more solid trading could be ahead for Etsy. So make sure to keep an eye on this stock going forward to see if this recent jump can turn into more strength down the road.

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

Etsy, Inc. Price

Investors interested in the Internet - Services industry may consider TiVo Corporation (TIVO - Free Report) , which has a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.

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

More Stock News: This Is Bigger than the iPhone!
 
It could become the mother of all technological revolutions. Apple sold a mere 1 billion iPhones in 10 years but a new breakthrough is expected to generate more than 27 billion devices in just 3 years, creating a $1.7 trillion market.
 
Zacks has just released a Special Report that spotlights this fast-emerging phenomenon and 6 tickers for taking advantage of it. If you don't buy now, you may kick yourself in 2020.
 
Click here for the 6 trades >>


In-Depth Zacks Research for the Tickers Above


Normally $25 each - click below to receive one report FREE:


Etsy, Inc. (ETSY) - free report >>

TiVo Corporation (TIVO) - free report >>