Financial Engines, Inc. (FNGN) saw a big move last session, as the company’s shares fell nearly 11% on the day. The move came on pretty good 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 below the volatile price range of $55.80 to $67.83 in the past one-month time frame.
This company in the Financial Services space has seen a flat track record when it comes to current year estimate with no revision on either side over the past few weeks. Further, the current year consensus for earnings has remained stable over the past one month. This recent price action is discouraging, so make sure to keep a close watch of this firm in the near future, and especially on earnings estimates following the recent slump.
FNGN currently has a Zacks Rank #4 (Sell) while its Earnings ESP is 0.00%.
Some better-ranked stocks in the same sector include Blackhawk Network Holdings, Inc. (HAWK), Euronet Worldwide Inc. (EEFT) and Portfolio Recovery Associates Inc. (PRAA). All these stocks carry a Zacks Rank #2 (Buy).
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