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).
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ANN INC (ANN): Free Stock Analysis Report
CITI TRENDS INC (CTRN): Free Stock Analysis Report
MENS WEARHOUSE INC (MW): Free Stock Analysis Report
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