Nu Skin Enterprises Inc. ( NUS ) saw a big move last session, as the company's shares fell by over 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 downtrend for NUS, as the stock is now down nearly 45% in the past one-month time frame.
Although this slump was obviously disappointing, this company in the Consumer Goods sector has seen 3 positive revisions, against just 1 negative revision and its current year earnings consensus has moved higher over the past few weeks as well. This suggests that the recent slump might be a temporary blip on the radar for NUS. So make sure to keep an eye on this stock going forward to see if yesterday's price decline is confirmed by more weakness, or if it can rebound in the weeks ahead.
NUS currently has a Zacks Rank #4 (Sell) while its Earnings ESP is 0.00%.
Some better-ranked stocks in the same sector include WD-40 Company ( WDFC ), The Est ( EL ) and Gildan Activewear Inc. ( GIL ). All these stocks 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 >>
ESTEE LAUDER (EL): Free Stock Analysis Report
GILDAN ACTVWEAR (GIL): Free Stock Analysis Report
NU SKIN ENTERP (NUS): Free Stock Analysis Report
WD 40 CO (WDFC): Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research