World Acceptance Corp. (WRLD) saw a big move last session, as the company’s shares fell by over 5 % on the day. The move came on pretty good volume too with far more shares changing hands than in a normal session. This breaks the recent trend of the company, as WRLD is now trading below the volatile price range of $80.7 to $86.0 in the past one-month time frame.
This Financial Loans provider has seen a flat track record when it comes to current year estimate revisions, as there has been no revision on either side over the past few weeks. The consensus for earnings estimate 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.
WRLD currently has a Zacks Rank # 3 (Hold) while its Earnings ESP is 0.00%.
Some better-ranked stocks in the Finance sector include Arlington Asset Investment Corp. (AI), AllianceBernstein Holding L.P. (AB) and Apollo Commercial Real Estate Finance, Inc. (ARI). All these stocks carry a Zacks Rank #1 (Strong Buy).
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