Keurig Green Mountain, Inc. GMCR was a big mover last session, as the company saw its shares soar almost 72% on the day. The upside was driven by news of its takeover by private investors at JAB Holding in an all-cash deal worth $13.9 billion. More shares changing hands than in a normal session backed by the biggest coffee deal on record. The stock picked up sharply from the near-flat trend of $40.13 to $54.30 in the past one-month time frame.

The company has seen 8 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 yesterday’s move higher can last.

Keurig Green Mountain currently has a Zacks Rank #3 (Hold) while its Earnings ESP is negative.

A better-ranked stock in the same space is Primo Water Corporation PRMW sporting a Zacks Rank #1 (Strong Buy).

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

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KEURIG GREEN MT (GMCR): Free Stock Analysis Report
 
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