U.S. Markets open in 5 hrs 22 mins

Black Diamond (BDE) in Focus: Stock Adds 7.4% in Session

Zacks Equity Research

Black Diamond, Inc. (BDE) was a big mover last session, as the company saw its shares increase more than 7% on the day. The move came on the back of solid volume too, as far more shares changed hands than in a normal session. This continues the recent uptrend for this consumer goods company as the stock is now up nearly 20% in the past one month time frame.

The company has seen 3 negative estimate revisions in the past few weeks and its earnings consensus has moved lower over the past two months, suggesting there may be trouble down the road for BDE. So make sure to keep an eye on this stock going forward to see if this recent rally can last.

Black Diamond currently has a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.

Some better performing consumer goods stocks include Polaris Industries, Inc. (PII), Brunswick Corporation (BC) and Smith & Wesson Holding Corporation (SWHC). All these 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 >>

Read the Full Research Report on BDERead the Full Research Report on BCRead the Full Research Report on PIIRead the Full Research Report on SWHCZacks Investment Research