GNC Holdings Inc. (GNC) saw a big move last session, as the company's shares fell by about 15% on Friday. 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 $53.76 to $49.02 in the past one-month time frame.
This slump shouldn't be too much of a surprise to investors, as this specialty retailer of health and wellness products has seen 9 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.
GNC currently has a Zacks Rank #3 (Hold) while its Earnings ESP is negative.
Some better-ranked stocks in the retail sector include Herbalife Ltd. (HLF), Farmer Brothers Co. (FARM) and Coastal Contacts Inc. (COA). All these stocks hold 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 >>
This breaks the recent trend of the company, as the stock is now trading below the volatile price range of $53.76 to $49.02 in the past one-month time frame.
This slump shouldn't be too much of a surprise to investors, as this specialty retailer of health and wellness products has seen 9 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.
GNC currently has a Zacks Rank #3 (Hold) while its Earnings ESP is negative.
Some better-ranked stocks in the retail sector include Herbalife Ltd. (HLF), Farmer Brothers Co. (FARM) and Coastal Contacts Inc. (COA). All these stocks hold 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 >>
COASTAL CONTACT (COA): Free Stock Analysis Report
FARMER BROS CO (FARM): Free Stock Analysis Report
GNC HOLDINGS (GNC): Free Stock Analysis Report
HERBALIFE LTD (HLF): Free Stock Analysis Report
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