URS Corporation (URS) saw a big move last session, as the company’s shares fell by nearly 9% on the day. The move came on pretty good volume too with far more shares changing hands than in a normal session. This breaks the recent trend of the company, as the stock is now trading below the volatile price range of $46.50 to $48.02 in the past one-month time frame.
The technical 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.
URS currently has a Zacks Rank #3 (Hold).
Meanwhile, some better-ranked stocks in the broader construction sector include Willdan Group, Inc. (WLDN), Simpson Manufacturing Co., Inc. (SSD) and Nortek Inc. (NTK). While Willdan and Simpson Manufacturing carry a Zacks Rank #1 (Strong Buy), Nortek holds 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 >>
URS CORP (URS): Free Stock Analysis Report
SIMPSON MANUFACTURING CO INC (SSD): Free Stock Analysis Report
WILLDAN GROUP INC (WLDN): Free Stock Analysis Report
NORTEK INC (NTK): Free Stock Analysis Report
Zacks Investment Research