Weakness Seen in Farmer Brothers (FARM): Stock Tumbles 6.4% - Tale of the Tape

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Farmer Brothers Co. FARM saw a big move last session, as the company's shares fell by over 6% 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 FARM, as the stock is now down 13.0% since May 12.

This slump shouldn't be too much of a surprise to investors, as Farmer Brothers has seen 1 negative revision in the past few weeks and its current year earnings consensus has moved lower over the last 30 days. This suggests there may be more trouble down the road. So make sure to keep an eye on this stock going forward to see if this recent slump will continue, as the earnings picture definitely suggests that this might be the case.

FARM currently has a Zacks Rank #4 (Sell) while its Earnings ESP is 0.00%.

Some better-ranked stocks in the consumer staples sector include B&G Foods Inc. BGS, BRF S.A. BRFS and Sprouts Farmers Market, Inc. SFM. While B&G Foods and BRF S.A. carry a Zacks Rank #1 (Strong Buy), Sprouts Farmers Market holds a Zacks Rank #2 (Buy).

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FARMER BROS CO FARM: Free Stock Analysis Report

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