Sequential Brands Group, Inc. SQBG was a big mover last session, as the company saw its shares rise 6% on the day. This jump can be attributable to solid volume too with far more shares changing hands than in a normal session. This reverses the recent downtrend for the company as the stock is roughly down about 30.6% in the past one-month time frame.
In the last 7 days, this company did not witness any estimate revisions and the Zacks Consensus Estimate has remained unchanged over the same period. However, the recent price action is encouraging, so make sure to keep a close watch on this firm in the near future.
Sequential Brands currently has a Zacks Rank #3 (Hold) while its Earnings ESP is positive.
A well-ranked player in the same industry includes Caleres, Inc. CAL carrying a Zacks Rank #2 (Buy).
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