Bebe Stores (BEBE) Catches Eye: Stock Zooms 13.2%
Bebe Stores, Inc. (BEBE) was a big mover last session, as the company saw its shares rise around 13% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This retail stock, trading at a volatile range of $5.09–$6.05 in the past one-month time frame, showed a pick-up yesterday at $5.76.
The company has not seen any negative estimate revision in the past few weeks, while its Zacks Consensus Estimate 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 steep rise lasts.
Bebe Stores currently has a Zacks Rank #4 (Sell) while its Earnings ESP is 0.00%.
Some well-placed apparel store stocks include DSW Inc. (DSW), Finish Line Inc. (FINL) and Fossil Group, Inc. (FOSL). All these stocks hold a Zacks Rank #2 (Buy).
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