VMware, Inc. VMW saw a big move last session, as the company’s shares fell over 8% 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 VMW, as the stock is now down nearly 10% in the past one-month time frame.
This Computer Software company 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.
VMW currently has a Zacks Rank #4 (Sell) while its Earnings ESP is 0.00%.
A better-ranked stock in the Computer Software sector is Majesco Entertainment Co. COOL, which currently carries a Zacks Rank #1 (Strong Buy).
Is VMW going up? Or down? Predict to see what others think: Up or Down
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