ANN INC. (ANN) was a big mover last session, as the company saw its shares rise more than 8% on the day. The upside came after the company’s fourth-quarter 2014 earnings per share of 12 cents beat analyst expectations of a loss per share of 3 cents as well as the year-ago quarter figure of 10 cents. This led to far more shares changing hands than in a normal session, breaking the recent trend of the company, as the stock is now trading above the volatile price range of $34.76 to $37.43 over the past one-month time frame.
The stock has witnessed one upward and three downward estimate revisions in the past 30 days. The Zacks Consensus Estimate has moved down over 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 this recent move higher lasts.
ANN carries a Zacks Rank #3 (Hold), while its Earnings ESP is negative.
A better-ranked stock in the retail-app/shoe space is Citi Trends, Inc. (CTRN), sporting a Zacks Rank #1 (Strong Buy).
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