First American Financial Corporation ( FAF ) was a big mover last session, as the company saw its shares rise more than 6% 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 $26.14-$27.26 in the past one-month time frame.
This property and casualty insurer witnessed one upward revision and one downward revision over the past 30 days. The Zacks Consensus Estimate also moved lower over the same time frame, signaling trouble down the road. So make sure to keep an eye on this stock going forward to see if yesterday's move higher lasts.
First American Financial Corp. has a Zacks Rank #3 (Hold), while its Earnings ESP is 0.00%.
However, some better-ranked stocks worth considering in the industry include Alleghany Corporation ( Y ), American Financial Group Inc. ( AFG ), and AmTrust Financial Services, Inc. ( AFSI ). All these stocks sport a Zacks Rank #1 (Strong Buy).
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AMER FINL GROUP (AFG): Free Stock Analysis Report
AMTRUST FIN SVC (AFSI): Free Stock Analysis Report
FIRST AMER FINL (FAF): Free Stock Analysis Report
ALLEGHANY CORP (Y): Free Stock Analysis Report
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