AstraZeneca PLC AZN saw a big move last session, as the company's shares fell over 9% on the day. The move came on pretty good volume too with far more shares changing hands than in a normal session. This reverses the recent trend for THLD, as the stock is now up over 2.2% in the past one-month time frame.
This major drug manufacturer has seen a flat track record when it comes to current year estimates with no revision on either side over the past few weeks. Further, the current year earnings consensus has moved lower over the last 30 days. 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.
AZN currently has a Zacks Rank #3 (Hold) while its Earnings ESP is negative.
Some better-ranked stocks in the medical sector include Allergan Inc. AGN, Cardiome Pharma Corp. CRME and Mallinckrodt plc MNK. All these stocks hold a Zacks Rank #1 (Strong Buy).
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ASTRAZENECA PLC AZN: Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
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AZN currently has a Zacks Rank #3 (Hold) while its Earnings ESP is negative.
Some better-ranked stocks in the medical sector include Allergan Inc. AGN, Cardiome Pharma Corp. CRME and Mallinckrodt plc MNK. All these stocks hold a Zacks Rank #1 (Strong 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 >>
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
ASTRAZENECA PLC AZN: Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
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