Airgas (ARG) Falls: Stock Goes Down 5% – Tale of the Tape

On Mar 20, Airgas announced a slash in its sales growth and earnings guidance for its fourth quarter 2015.

This slump shouldn’t be too much of a surprise to investors, as the diversified chemical company has seen 2 negative revisions in the past few weeks and its current year earnings consensus has moved lower over the last 30 days. This suggests there may be more trouble down the road. So make sure to keep an eye on this stock going forward to see if this recent slump will continue, as the earnings picture definitely suggests that this might be the case.

ARG currently has a Zacks Rank #4 (Sell) while its Earnings ESP is 0.00%.

Another better-ranked stock in the same sector is Innospec Inc. (IOSP) with a Zacks Rank #1 (Strong Buy).

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