HomeAway Slumps: AWAY Falls 6.5% in Session

Zacks

HomeAway, Inc. (AWAY) saw a big move last session, as the company’s shares fell over 6% 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 AWAY, as the stock is now down nearly 27% in the past one-month time frame.

This leisure and recreational services provider 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 on this firm in the near future, and especially on earnings estimates following the recent slump.

HomeAway currently has a Zacks Rank #4 (Sell) while its Earnings ESP is 0.0%.

Some better-ranked stocks in the same sector include Cedar Fair, L.P. (FUN), Royal Caribbean Cruises Ltd. (RCL) and Live Nation Entertainment, Inc. (LYV). All these stocks carry a Zacks Rank #2 (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 >>



HOMEAWAY INC (AWAY): Free Stock Analysis Report

CEDAR FAIR L P (FUN): Free Stock Analysis Report

ROYAL CARIBBEAN CRUISES LTD (RCL): Free Stock Analysis Report

LIVE NATION ENTERTAINMENT INC (LYV): Free Stock Analysis Report


Zacks Investment Research

Rates

View Comments (0)