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Weakness Seen in Prestige Brands Holdings (PBH): Stock Tumbles 9.1%

Zacks Equity Research

Prestige Brands Holdings, Inc. (PBH) saw a big move last session, as the company’s shares fell over 9% 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 most recent downtrend for PBH, as the stock is down over 24% in the last one month.

This medical equipment provider has seen a flat track record when it comes to current year estimate revisions, as there has been no revision on either side over the past few weeks. The consensus for earnings estimate 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.

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

Some better-ranked stocks in the medical sector include Almost Family Inc. (AFAM), Natus Medical Inc. (BABY) and Addus HomeCare Corporation (ADUS).While Almost Family and Natus Medical carry a Zacks Rank #1 (Strong Buy), Addus HomeCare holds a Zacks Rank #2(Buy).

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ALMOST FAMILY INC (AFAM): Free Stock Analysis Report

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