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Capital One (COF) Surges: Stock Moves 8.6% Higher

Capital One Financial Corporation COF was a big mover last session, as the company saw its shares rise over 8% 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 $79.52 to $83.56 in the past one-month time frame.

The move came after the company reported solid second-quarter 2017 results.

The company has seen eight negative estimate revisions in the past few weeks, while its Zacks Consensus Estimate for the current quarter has also moved lower over the past few weeks, 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 can last.

Capital One Financial Corporation Price and Consensus

Capital One currently has a Zacks Rank #4 (Sell) while its Earnings ESP is 0.00%.

A better-ranked stock in the Financial - Consumer Loans industry is First Cash, Inc. FCFS which currently carries a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

Is COF going up? Or down? Predict to see what others think: Up or Down

More Stock News: This Is Bigger than the iPhone!

It could become the mother of all technological revolutions. Apple sold a mere 1 billion iPhones in 10 years but a new breakthrough is expected to generate more than 27 billion devices in just 3 years, creating a $1.7 trillion market.

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Capital One Financial Corporation (COF): Free Stock Analysis Report
 
First Cash, Inc. (FCFS): Free Stock Analysis Report
 
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