ANN (ANN) Falls: Stock Goes Down 5.3%

Zacks

ANN INC. (ANN) saw a big move last session, as the company’s shares fell over 5% 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 ANN, as the stock is now down over 12% in the past one-month time frame.

The retailer of upscale women's clothing has seen a mixed track record when it comes to current year estimate revisions over the past few weeks with 2 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 of this firm in the near future, and especially on earnings estimates following the recent slump.

ANN currently has a Zacks Rank #3 (Hold) while its Earnings ESP is negative.

Some better-ranked stocks in the same sector Citi Trends, Inc. (CTRN), The Men's Wearhouse, Inc. (MW) and Zumiez, Inc. (ZUMZ). All these stocks carry 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 >>




ANN INC (ANN): Free Stock Analysis Report

CITI TRENDS INC (CTRN): Free Stock Analysis Report

MENS WEARHOUSE INC (MW): Free Stock Analysis Report

ZUMIEZ CP (ZUMZ): Free Stock Analysis Report


Zacks Investment Research

View Comments (0)