Bravo Brio Restaurant Group, Inc. ( BBRG ) saw a big move last session, as the company's shares fell nearly 7% 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 BBRG, as the stock is now down more than 14.2% in the past one-month time frame.
This slump shouldn't be too much of a surprise to investors, as the company has seen five negative revisions in the past few weeks and its current year estimates have moved lower over the last 30 days. 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 slump will continue, as the earnings picture definitely suggests that this might be the case.
BBRG currently has a Zacks Rank #5 (Strong Sell) while its Earnings ESP
Some better-ranked stocks in the services sector include Burger King Worldwide, Inc. (BKW), Denny's Corporation (DENN) and Domino's Pizza, Inc. (DPZ). All these stocks carry a Zacks Rank # 2 (Buy).
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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 reportBRAVO BRIO RSTR (BBRG): Free Stock Analysis ReportBURGER KING WWD (BKW): Free Stock Analysis ReportDENNY'S CORP (DENN): Free Stock Analysis ReportDOMINOS PIZZA (DPZ): Free Stock Analysis ReportTo read this article on Zacks.com click here.