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Weakness Seen in Towers Watson (TW): Stock Tumbles 8.3%
February 07, 2014

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Towers Watson & Co. saw a big move in the last trading 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 TW, as the stock is now down over 18% in the past one month time-frame.

Tower Watson, a professional services company, has seen 1 negative estimate revision over the past month, and its current year earnings consensus has also moved lower over the same period. 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 decline will continue, as the earnings picture definitely suggests that this might be the case.

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

Investors interested in the Consulting industry may consider better-ranked stocks like Accenture plc (ACN - Free Report) , Bureau Veritas SA (BVRDF - Free Report) and Huron Consulting Group Inc. (HURN - Free Report) , all of which carry a Zacks Rank #2 (Buy).

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