Back to top

LIN Media (LIN) Falls: Stock Goes Down 5.7%
August 14, 2014

Read MoreHide Full Article
LIN Media LLC saw a big move last session, as the company’s shares fell by nearly 6 % 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 trend for LIN, as the stock is now down nearly 24% since Jul 16.
This Radio company 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.
LIN currently has a Zacks Rank # 5 (Strong Sell) while its Earnings ESP is 0.00%.
Some better-ranked stocks in the Radio Broadcasting industry include British Sky Broadcasting Group plc , CTC Media, Inc and Media General, Inc. . While British Sky Broadcasting holds a Zacks Rank #1 (Strong Buy), CTC Media and Media General carry 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 >>

Normally $25 each - click below to receive one report FREE:

More from Zacks Tale of the Tape

You May Like