AZZ incorporated AZZ saw a big move last session, as the company’s shares fell by 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 stock, trading at a volatile range of $47.28–$55.84 in the past one-month time frame, showed a sharp decline yesterday at $51.48.
The electrical machinery company 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.
AZZ currently has a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.
A better-ranked stock in the same sector is CUI Global, Inc. CUI, holding a Zacks Rank #2 (Buy).
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