TerraForm Power, Inc.TERP was a big mover last session, as the company saw its shares rise roughly 6% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This reverses the recent trend for the company as the stock is now down 52.8% in the past one-month time frame.
None of the estimates for this utility stock were revised over the past seven days. The Zacks Consensus Estimate also remained unchanged over the same time frame. Yesterday's price action is encouraging though, so make sure to keep a close watch on this firm in the near future.
TerraForm Power currently carries a Zacks Rank #5 (Strong Sell), while its Earnings ESP is positive.
A better-ranked stock in the same industry is Huaneng Power International, Inc. HNP , sporting a Zacks Rank #1 (Strong Buy).