Summer Infant, Inc. (SUMR) was a big mover last session, as the company saw its shares rise nearly 7% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This reverses the recent trend for the company as the stock is now down 11.1% in the past one-month time frame.
The company has seen a mixed track record when it comes to three negative estimate revisions over the past 30 days, while the Zacks Consensus Estimate remained unchanged over the same time frame. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.
Summer Infant currently has a Zacks Rank #4 (Sell) while its Earnings ESP is 0.00%.
Some better-ranked stocks in the consumer goods sector include Carriage Services Inc. (CSV), Nutrisystem, Inc. (NTRI) and Spectrum Brands Holdings, Inc. (SPB). While Carriage Services sports a Zacks Rank #1 (Strong Buy), Nutrisystem and Spectrum Brands carry a Zacks Rank #2 (Buy).
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