The company has seen a flat track record when it comes to current year estimate revisions over the past few weeks. 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.
Some better-ranked stocks in the Basic Materials sector include Cameron International Corporation (CAM), PowerSecure International, Inc. (POWR) and Superior Energy Services, Inc. (SPN). While Cameron International and PowerSecure International carry a Zacks Rank #1 (Strong Buy), Superior Energy Services holds 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 >>
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
Be the first to comment