Fifth & Pacific Companies, Inc. (FNP) was a big mover last session, as the company saw its shares rise over 7% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This continues the uptrend for the company as the stock is now up roughly 26% in the past one-month time frame.
The company has seen two negative revisions in the past month and its Zacks Consensus Estimate moved lower over the same time frame, suggesting there may be trouble down the road. So make sure to keep an eye on this stock going forward to see if this recent move higher can last.
Fifth & Pacific currently has a Zacks Rank #3 (Hold) while its Earnings ESP is negative.
Some better-ranked stocks in the textile and apparel sector include Hanesbrands Inc. (HBI) and Quicksilver Inc. (ZQK), while from the broader consumer products sector, Hypermarcas S.A. (HYPMY) is worth considering. While Hanesbrands carries a Zacks Rank #1 (Strong Buy), Quicksilver and Hypermarcas S.A. hold a Zacks Rank #2 (Buy).
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report >>
To read this article on Zacks.com click here.
Get all Zacks Research Reports and be alerted to fast-breaking buy and sell opportunities every trading day.
Be the first to comment