Regional Management Corp. RM saw a big move last session, as the company's shares fell nearly 10% 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 RM, as the stock is now down over 24% in the past one-month time frame.
This slump shouldn't be too much of a surprise to investors, as this consumer finance 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.
RM currently has a Zacks Rank #4 (Sell) while its Earnings ESP is negative.
Some better-ranked stocks in the same sector include Cash America International, Inc. CSH, Discover Financial Services DFS and Tree.Com, Inc. TREE. All these stocks hold 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 >>
This slump shouldn't be too much of a surprise to investors, as this consumer finance 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.
RM currently has a Zacks Rank #4 (Sell) while its Earnings ESP is negative.
Some better-ranked stocks in the same sector include Cash America International, Inc. CSH, Discover Financial Services DFS and Tree.Com, Inc. TREE. All these stocks hold 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 >>
CASH AM INTL CSH: Free Stock Analysis Report
DISCOVER FIN SV DFS: Free Stock Analysis Report
REGIONAL MANAGE RM: Free Stock Analysis Report
TREE.COM INC TREE: Free Stock Analysis Report
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Zacks Investment Research
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