Back to top

Image: Bigstock

IAA Surges: Stock Moves 10.8% Higher

Read MoreHide Full Article

IAA, Inc. was a big mover last session, as the company saw its shares rise nearly 11% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This breaks the recent trend of the company, as the stock is now trading above the volatile price range of $36.04 to $39.25 in the past one-month time frame.

The stock gained after the company reported solid third-quarter fiscal 2019 (ended Sep 29, 2019) results.  

The company has seen no changes when it comes to estimate revision over the past few weeks, while the Zacks Consensus Estimate for the current quarter has also remained unchanged. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

IAA currently has a Zacks Rank #4 (Sell) while its Earnings ESP is 0.00%.

IAA, Inc. Price

A better-ranked stock in the Automotive – Domestic industry is Polaris Inc. (PII - Free Report) , which currently carries a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

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

Breakout Biotech Stocks with Triple-Digit Profit Potential

The biotech sector is projected to surge beyond $775 billion by 2024 as scientists develop treatments for thousands of diseases. They’re also finding ways to edit the human genome to literally erase our vulnerability to these diseases.

Zacks has just released Century of Biology: 7 Biotech Stocks to Buy Right Now to help investors profit from 7 stocks poised for outperformance. Our recent biotech recommendations have produced gains of +98%, +119% and +164% in as little as 1 month. The stocks in this report could perform even better.

See these 7 breakthrough stocks now>>


See More Zacks Research for These Tickers


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


Polaris Inc. (PII) - free report >>

Published in