The Fresh Market (TFM) in Focus: Stock Moves 6.7% Higher
The Fresh Market, Inc. (TFM) was a big mover last session, as the company saw its shares rise nearly 7% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This breaks the recent trend of the company, as the stock is now trading above the volatile price range of $32.67 to $35.56 in the past one-month time frame.
The company has seen 11 negative 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.
The Fresh Market currently has a Zacks Rank #4 (Sell) while its Earnings ESP is 0.00%.
Some better-ranked Retail-Supermarket stocks include Spartan Stores Inc. (SPTN), Companhia Brasileira de Distribuicao (CBD) and Etablissements Delhaize Fr (DEG). While Spartan Stores sports a Zacks Rank #1 (Strong Buy), Companhia Brasileira de Distribuicao and Etablissements Delhaize have a Zacks Rank #2 (Buy).
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THE FRESH MARKET INC (TFM): Free Stock Analysis Report
SPARTAN STORES INC (SPTN): Free Stock Analysis Report
COMPANHIA BRASILEIRA DE DISTRIBU (CBD): Free Stock Analysis Report
ETABLISSEMENTS DELHAIZE FRER (DEG): Free Stock Analysis Report
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