RadioShack Corp. RSH saw a big move last session, as the company's shares fell by nearly 17% 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 RSH, as the stock is now down 37.6% in the past one-month time frame.
RadioShack has seen a mixed 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.
RSH currently has a Zacks Rank #5 (Strong Sell) while its Earnings ESP is 0.00%.
Some better-ranked stocks in the consumer electronics retailing sector include Aaron's, Inc. AAN, Best Buy Co., Inc. BBY and GameStop Corp. GME. While Aaron's carries a Zacks Rank #2 (Buy), Best Buy and GameStop hold a Zacks Rank #3 (Hold).
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RADIOSHACK CORP RSH: Free Stock Analysis Report
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RSH currently has a Zacks Rank #5 (Strong Sell) while its Earnings ESP is 0.00%.
Some better-ranked stocks in the consumer electronics retailing sector include Aaron's, Inc. AAN, Best Buy Co., Inc. BBY and GameStop Corp. GME. While Aaron's carries a Zacks Rank #2 (Buy), Best Buy and GameStop hold a Zacks Rank #3 (Hold).
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 >>
RADIOSHACK CORP RSH: Free Stock Analysis Report
To read this article on Zacks.com click here.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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