Fifth & Pacific (FNP) Jumps: Stock Rises 7.4% - Tale of the Tape
Fifth & Pacific Companies, Inc.
) was a big mover last session, as the company saw its shares rise
over 7% on the day. The move came on solid volume too with far more
shares changing hands than in a normal session. This continues the
uptrend for the company as the stock is now up roughly 26% in the
past one-month time frame.
The company has seen two negative revisions in the past month and its Zacks Consensus Estimate moved lower over the same time frame, suggesting there may be trouble down the road. So make sure to keep an eye on this stock going forward to see if this recent move higher can last.
Fifth & Pacific currently has a Zacks Rank #3 (Hold) while its Earnings ESP is negative.
Some better-ranked stocks in the textile and apparel sector include Hanesbrands Inc. ( HBI ) and Quicksilver Inc. ( ZQK ), while from the broader consumer products sector, Hypermarcas S.A. ( HYPMY ) is worth considering. While Hanesbrands carries a Zacks Rank #1 (Strong Buy), Quicksilver and Hypermarcas S.A. hold a Zacks Rank #2 (Buy).
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FIFTH PACIFIC (FNP): Free Stock Analysis Report
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