TIBCO Software (TIBX) in Focus: Stock Up 6.6% in Session

TIBCO Software Inc. (TIBX) was a big mover last session, as the company saw its shares rise more nearly 7% 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 2.36% in the past one-month time frame.

This computer-networks stock witnessed two negative estimate revisions in the past 30 days. The Zacks Consensus Estimate also moved down 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 move higher lasts.

TIBCO Software carries a Zacks Rank #4 (Sell), while its Earnings ESP is negative.

However, some better-ranked stocks in the same sector include Extreme Networks Inc. (EXTR), Infinera Corporation (INFN) and Brocade Communications Systems, Inc. (BRCD). While Extreme Networks and Infinera Corporation sport a Zacks Rank #1 (Strong Buy), Brocade Communications carries a Zacks Rank #2 (Buy).

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TIBCO SOFTWARE INC (TIBX): Free Stock Analysis Report

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