The Container Store Group, Inc. (TCS) saw a big move last session, as the company’s shares fell by 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 most recent downtrend for TCS, as the stock is down over 17% since Jun 20.
This Consumer Products 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.
TCS currently has a Zacks Rank #4 (Sell) while its Earnings ESP is 0.00%.
A better-ranked stock in the Consumer Products Industry include Summer Infant, Inc. (SUMR), which holds a Zacks Rank #1 (Strong Buy).
Investors interested in the Consumer Staples sector may consider better-ranked stocks like The Hain Celestial Group, Inc. (HAIN) and Journal Communications Inc. (JRN). Both the stocks carry a Zacks Rank #1 (Strong Buy).
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THE CONTAINER STORE GROUP INC (TCS): Free Stock Analysis Report
SUMMER INFANT INC (SUMR): Free Stock Analysis Report
HAIN CELESTIAL GROUP INC (HAIN): Free Stock Analysis Report
JOURNAL COMMUNICATIONS INC (JRN): Free Stock Analysis Report
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