PetSmart (PETM) Crumbles: Stock Falls by 8.3% - Tale of the Tape - Foot Locker (NYSE:FL), ODP (NASDAQ:ODP)

PetSmart, Inc. PETM saw a big move last session, as the company's shares fell by 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 PETM, as the stock is now down a little over 16% in the past one-month time frame.

The pet food and supply departmental retailer has seen a flat record when it comes to current year estimate revisions over the past few weeks (0 increases, 0 decreases), 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 on this firm in the near future, and especially on earnings estimates following the recent slump.

PETM currently has a Zacks Rank #4 (Sell).

Some better-ranked stocks in the same sector include ITOCHU Corporation (ITOCY), Office Depot, Inc. ODP and Foot Locker, Inc. FL, each carrying a Zacks Rank #2 (Buy).

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