Staples (SPLS) Looks Good: Stock Adds 8.7% in Session - Tale of the Tape

Staples, Inc. (SPLS) was a big mover last session, as the company saw its shares rise nearly 8% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This continues yesterday's uptrend for the company — as the stock is now up more than 26% since Nov 18.

The company has seen 5 negative and 5 positive estimate revisions in the past 30 days, while its Zacks Consensus Estimate moved lower over the same time frame, suggesting trouble down the road. So make sure to keep an eye on this stock going forward to see if this recent move higher can last.

Staples currently has a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.

Some better-ranked retail stocks include The Michaels Companies, Inc. (MIK), PetSmart, Inc. (PETM) and Bed Bath & Beyond Inc. (BBBY). While The Michaels Companies and PetSmart sport a Zacks Rank #1 (Strong Buy), Bed Bath & Beyond has a Zacks Rank #2 (Buy).

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STAPLES INC (SPLS): Free Stock Analysis Report

MICHAELS COS (MIK): Free Stock Analysis Report

BED BATH&BEYOND (BBBY): Free Stock Analysis Report

PETSMART INC (PETM): Free Stock Analysis Report

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