The industrial and mobile robots manufacturer has seen a flat track record when it comes to current year estimate revisions over the past few weeks, 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.
ADEP currently has a Zacks Rank #3 (Hold).
Some better-ranked stocks from the broader industrial sector include Sealed Air Corporation (SEE), NN Inc. (NNBR) and Multi-Color Corp. (LABL). All these stocks hold a Zacks Rank #1 (Strong Buy).
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