Financial Engines (FNGN) Crumbles: Stock Falls by 6.6% – Tale of the Tape

Zacks

Financial Engines, Inc. (FNGN) saw a big move last session, as the company’s shares fell nearly 7% 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 FNGN, as the stock is now down 19.2% 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.

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

Some better-ranked stocks in the financial sector include Portfolio Recovery Associates Inc. (PRAA), General Finance Corporation (GFN) and Cielo SA (CIOXY). All these stocks holds a Zacks Rank #2 (Buy).

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