Pacific Sunwear of California Inc. PSUN saw a big move last session, as the company's shares fell by about 5% on the day. The move came on pretty good volume too with far more shares changing hands than in a normal session. This stock, trading at a volatile range of $2.63–$3.11 in the past one-month time frame, showed a sharp decline yesterday at $2.94.
The specialty retailer has seen a flat track record when it comes to current year estimate revisions over the past few weeks 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.
PSUN currently has a Zacks Rank #3 (Hold).
Some better-ranked stocks in the Retail-Apparel/Shoe industry include Citi Trends, Inc. CTRN, American Apparel, Inc. APP and Foot Locker, Inc. FL. Among these stocks, Citi Trends holds a Zacks Rank #1 (Strong Buy), while American Apparel and Foot Locker hold a Zacks Rank #2 (Buy).
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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
AMER APPAREL APP: Free Stock Analysis Report
CITI TRENDS INC CTRN: Free Stock Analysis Report
FOOT LOCKER INC FL: Free Stock Analysis Report
PAC SUNWEAR CAL PSUN: Free Stock Analysis Report
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Zacks Investment Research
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PSUN currently has a Zacks Rank #3 (Hold).
Some better-ranked stocks in the Retail-Apparel/Shoe industry include Citi Trends, Inc. CTRN, American Apparel, Inc. APP and Foot Locker, Inc. FL. Among these stocks, Citi Trends holds a Zacks Rank #1 (Strong Buy), while American Apparel and Foot Locker 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 >>
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
AMER APPAREL APP: Free Stock Analysis Report
CITI TRENDS INC CTRN: Free Stock Analysis Report
FOOT LOCKER INC FL: Free Stock Analysis Report
PAC SUNWEAR CAL PSUN: Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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