DreamWorks Animation SKG Inc. (DWA) saw a big move last session, as the company’s shares fell by nearly 11% 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 DWA as the stock is now down around 15% since June 9.
The developer and producer of animated films has seen a flat track record when it comes to current year estimate revisions over the past few weeks 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.
DWA currently has a Zacks Rank #3 (Hold) while its Earnings ESP is positive.
Some better-ranked stocks in the Consumer Discretionary sector include Electrolux AB (ELUXY), Electronic Arts Inc. (EA) and Horace Mann Educators Corp. (HMN). All these stocks carry a Zacks Rank #1 (Strong Buy).
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DREAMWORKS ANIMATION SKG CL A (DWA): Free Stock Analysis Report
A B ELECTRLX S ADR# (ELUXY): Free Stock Analysis Report
ELECTRONIC ARTS INC (EA): Free Stock Analysis Report
HORACE MANN EDUCATORS CORP N (HMN): Free Stock Analysis Report
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