The Container Store Group, Inc.TCS was a big mover last session, as the company saw its shares rise slightly over 9% 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 28% in the last one month.
The company has seen 2 negative estimate revisions in the past 7 days, while the Zacks Consensus Estimate has moved lower over the same time frame, suggesting there may be trouble down the road. So make sure to keep an eye on this stock going forward to see if yesterday's move higher can last.
The Container Store Group currently has a Zacks Rank #4 (Sell).
A better-ranked stock in the same space is Vista Outdoor Inc. VSTO , holding a Zacks Rank #2 (Buy).
Is TCS going up? Or down? Predict to see what others think: Up or Down
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CONTAINER STORE (TCS): Free Stock Analysis Report
VISTA OUTDOOR (VSTO): Free Stock Analysis Report
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
