Town Sports International (CLUB) in Focus: Stock Slumps 17.5% – Tale of the Tape

Zacks
Town Sports International Holdings Inc. (CLUB) saw a big move in the last trading session, as the company’s shares fell by over 17% 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 CLUB as the stock is now down over 21% in the past one month time-frame.

Town Sports International, a fitness club operator, has not witnessed any current year estimate revision in the last 30 days, and 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.

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

Some better-ranked stocks in the Leisure and Recreation Services industry include Royal Caribbean Cruises Ltd. (RCL), Six Flags Entertainment Corporation (SIX) and Carnival Corporation (CCL). Royal Caribbean and Six Flags hold a Zacks Rank #1 (Strong Buy), while Carnival carries a Zacks Rank #2 (Buy).

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