Continental Building Products, Inc. (CBPX) saw a big move last session, as the company’s shares fell by almost 7% on the day. The move came on pretty good volume too with far more shares changing hands than in a normal session. This reverses the recent trend for CBPX, as the stock is now up nearly 12% in the past one-month time frame.
The constrcution company has seen a flat record when it comes to current year estimate revisions over the past few weeks (0 increases, 0 decreases), and 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 on this firm in the near future, and especially on earnings estimates following the recent slump.
CBPX currently has a Zacks Rank #3 (Hold).
Some better-ranked stocks in the same sector include Willdan Group, Inc. (WLDN), with a Zacks Rank #1 (Strong Buy), Gibraltar Industries, Inc. (ROCK) and UCP, Inc. (UCP) holding a Zacks Rank #2 (Buy).
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CONTINENTAL BUILDING PRODUCTS IN (CBPX): Free Stock Analysis Report
(WLDN): Free Stock Analysis Report
GIBRALTAR IND INC (ROCK): Free Stock Analysis Report
UCP INC (UCP): Free Stock Analysis Report
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Continental Building Products (CBPX) in Focus: Stock Falls 6.5%
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