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Black Diamond (BDE) in Focus: Stock Tumbles 8.2%

Zacks Equity Research

Black Diamond, Inc. (BDE) saw a big move last session, as the company’s shares fell over 8% 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 BDE as the stock is now down almost 33% in the past one-month time frame.

This company  engaged in designer and manufacturer of sporting goods has seen a flat track record when it comes to current year estimate with no revision on either side over the past few weeks .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.

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

Some better-ranked stocks in the Leisure and Recreational services sector include Carnival Corporation (CCL), Royal Caribbean Cruises Ltd. (RCL) and HomeAway, Inc. (AWAY). Carnival Corporation and Royal Caribbean Cruises carry a Zacks Rank #1(Strong Buy) while HomeAway holds a Zacks Rank #2 (Buy).  
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BLACK DIAMOND INC (BDE): Free Stock Analysis Report

CARNIVAL CORP (CCL): Free Stock Analysis Report


HOMEAWAY INC (AWAY): Free Stock Analysis Report

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