Weakness Seen in URS Corporation (URS): Stock Tumbles 13.9% – Tale of the Tape

Zacks

URS Corporation (URS) saw a big move last session, as the company’s shares fell nearly 14% on the day. The move came on pretty good volume too with far more shares changing hands than in a normal session. This continues the recent downtrend for URS, as the stock is now down around 18% in the past one-month time frame.

The company has seen a flat track record when it comes to current year estimate revisions over the past few weeks. The consensus for earnings hasn’t been in a trend either. This recent price action is discouraging, so make sure to keep a close watch on this firm in the near future, and especially on earnings estimates following the recent slump.

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

Some better-ranked stocks in the services sector include AECOM Technology Corporation (ACM), Fluor Corporation (FLR) and Quanta Services, Inc. (PWR). All these stocks carry a Zacks Rank #2 (Buy).

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