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Tale of the Tape

Black Diamond, Inc. (BDE - Snapshot Report) saw a big move last session, as the company’s shares fell 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 recent downtrend for BDE as the stock is now down almost 33% in the past one-month time frame.

This company  engaged in designer and manufacturer of sporting goods has seen a flat track record when it comes to current year estimate with no revision on either side over the past few weeks .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 of this firm in the near future, and especially on earnings estimates following the recent slump.

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

Some better-ranked stocks in the Leisure and Recreational services sector include Carnival Corporation (CCL - Analyst Report), Royal Caribbean Cruises Ltd. (RCL - Analyst Report) and HomeAway, Inc. (AWAY - Snapshot Report). Carnival Corporation and Royal Caribbean Cruises carry a Zacks Rank #1(Strong Buy) while HomeAway holds a Zacks Rank #2 (Buy).  
       
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