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Lifetime Brands (LCUT) Catches Eye: Stock Jumps 7.7%

Lifetime Brands, Inc. LCUT 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 breaks the recent trend of the company, as the stock is now trading above the volatile price range of $9.73 to $12.99 in the past one-month time frame.
 
The company has seen one positive estimate revision in the past few weeks, while its Zacks Consensus Estimate for the current quarter has also moved higher over the past few weeks, suggesting that more solid trading could be ahead for Lifetime Brands. So make sure to keep an eye on this stock going forward to see if this recent jump can turn into more strength down the road.

Lifetime Brands currently has a Zacks Rank #2 (Buy) while its Earnings ESP is 0.00%.

Lifetime Brands, Inc. Price

Lifetime Brands, Inc. Price
Lifetime Brands, Inc. Price

Lifetime Brands, Inc. price | Lifetime Brands, Inc. Quote

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Zacks Names “Single Best Pick to Double”

From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.

You know this company from its past glory days, but few would expect that it’s poised for a monster turnaround. Fresh from a successful repositioning and flush with A-list celeb endorsements, it could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in a little more than 9 months and Nvidia which boomed +175.9% in one year.

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To read this article on Zacks.com click here.
 
Zacks Investment Research