Regional Management Corp. (RM) saw a big move last session, as the company’s shares fell nearly 10% 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 RM, as the stock is now down over 24% in the past one-month time frame.
This slump shouldn’t be too much of a surprise to investors, as this consumer finance company has seen 2 negative revisions 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.
RM currently has a Zacks Rank #4 (Sell) while its Earnings ESP is negative.
Some better-ranked stocks in the same sector include Cash America International, Inc. (CSH), Discover Financial Services (DFS) and Tree.Com, Inc. (TREE). All these stocks hold a Zacks Rank #2 (Buy).
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REGIONAL MANAGMENT CORP (RM): Free Stock Analysis Report
CASH AMER INTL INC (CSH): Free Stock Analysis Report
DISCOVER FINL SVCS (DFS): Free Stock Analysis Report
TREECOM INC (TREE): Free Stock Analysis Report
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