CIRCOR International, Inc. (CIR) saw a big move last session, as the company’s shares fell by over 6% on the day. The move came on pretty good volume too with far more shares changing hands than in a normal session. This continues the recent downtrend for CIR, as the stock is now down 16.8% in the past one-month time frame.
CIRCOR International has seen a flat track record when it comes to current year estimate revisions over the past few weeks (no increase, no decrease), 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 of this firm in the near future, and especially on earnings estimates following the recent slump.
CIR currently has a Zacks Rank #3 (Hold) while its Earnings ESP is negative.
Some better-ranked stocks in the Industrial Products sector include Century Aluminum Co. (CENX), Norsk Hydro ASA (NHYDY) and TriMas Corporation (TRS). All these stocks hold a Zacks Rank #2 (Buy).
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