BancorpSouth, Inc. (BXS) saw a big move last session, as the company’s shares fell 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 most recent downtrend for BXS, as the stock is down nearly 14% since Jul 3.
The Banking company has seen a mixed track record when it comes to current year estimate revisions over the past few weeks (0 increase, 2 decreases), and the consensus for earnings estimate 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.
BXS currently has a Zacks Rank #3 (Hold).
Some better-ranked stocks in the Banking industry include Eastern Virginia Bankshares Inc. (EVBS), Fidelity Southern Corporation (LION) and Republic Bancorp Inc. (RBCAA). All these stocks carry a Zacks rank #1 (Strong Buy).
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BANCORPSOUTH INC (BXS): Free Stock Analysis Report
EASTERN VIRGINIA BANKSHARES (EVBS): Free Stock Analysis Report
FIDELITY NATL CP (LION): Free Stock Analysis Report
REPUBLIC BANCORP INC CL A (RBCAA): Free Stock Analysis Report
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