Continental Building Products (CBPX) Falls: Stock Goes Down 5.1%

Continental Building Products, Inc. (CBPX) saw a big move last session, as the company’s shares fell by 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 CBPX down over 15% since Jul 8, 2014.

This slump shouldn’t be too much of a surprise to investors, as the building construction company 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.

CBPX currently has a Zacks Rank #4 (Sell) while its Earnings ESP is negative.

Some better-ranked stocks in the same industry include Quanex Building Products Corporation (NX), Simpson Manufacturing Co., Inc. (SSD) and United Rentals, Inc. (URI). All these stocks hold a Zacks Rank #2 (Buy).

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CONTINENTAL BUILDING PRODUCTS IN (CBPX): Free Stock Analysis Report

QUANEX BUILDING PRODUCTS CORP (NX): Free Stock Analysis Report

SIMPSON MANUFACTURING CO INC (SSD): Free Stock Analysis Report

UNITED RENTALS INC (URI): Free Stock Analysis Report


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