Consolidated Communications Holdings Inc. CNSL saw a big move last session, as the company's shares fell nearly 7% on the day. The move came on pretty good volume too with far more shares changing hands than in a normal session. This breaks the recent trend of the company, as the stock is now trading below the volatile price range of $19.28 to $20.36 in the past one-month time frame.
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.
CNSL currently has a Zacks Rank #4 (Sell) while its Earnings ESP is 0.0%.
Some better-ranked stocks in the technology sector include Adobe Systems Inc. ADBE, Ansys, Inc. ANSS and Informatica Corporation INFA. All these stocks carry a Zacks Rank #2 (Buy).
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ADOBE SYSTEMS ADBE: Free Stock Analysis Report
ANSYS INC ANSS: Free Stock Analysis Report
CONSOL COMM IL CNSL: Free Stock Analysis Report
INFORMATICA CRP INFA: Free Stock Analysis Report
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Zacks Investment Research
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CNSL currently has a Zacks Rank #4 (Sell) while its Earnings ESP is 0.0%.
Some better-ranked stocks in the technology sector include Adobe Systems Inc. ADBE, Ansys, Inc. ANSS and Informatica Corporation INFA. All these stocks carry 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 >>
ADOBE SYSTEMS ADBE: Free Stock Analysis Report
ANSYS INC ANSS: Free Stock Analysis Report
CONSOL COMM IL CNSL: Free Stock Analysis Report
INFORMATICA CRP INFA: Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
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