Advertisement
Singapore markets closed

  • Straits Times Index

    3,280.10
    -7.65 (-0.23%)
     

  • Nikkei

    37,934.76
    +306.28 (+0.81%)
     

  • Hang Seng

    17,651.15
    +366.61 (+2.12%)
     

  • FTSE 100

    8,115.58
    +36.72 (+0.45%)
     

  • Bitcoin USD

    64,338.45
    +333.76 (+0.52%)
     

  • CMC Crypto 200

    1,387.32
    -9.21 (-0.66%)
     

  • S&P 500

    5,048.42
    -23.21 (-0.46%)
     

  • Dow

    38,085.80
    -375.12 (-0.98%)
     

  • Nasdaq

    15,611.76
    -100.99 (-0.64%)
     

  • Gold

    2,355.30
    +12.80 (+0.55%)
     

  • Crude Oil

    84.43
    +0.86 (+1.03%)
     

  • 10-Yr Bond

    4.7060
    +0.0540 (+1.16%)
     

  • FTSE Bursa Malaysia

    1,575.16
    +5.91 (+0.38%)
     

  • Jakarta Composite Index

    7,036.08
    -119.22 (-1.67%)
     

  • PSE Index

    6,628.75
    +53.87 (+0.82%)
     

Libbey (LBY) Falls: Stock Goes Down 5.6%

Zacks Equity Research

Libbey Inc. (LBY) 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 downtrend for LBY, as the stock is now down 8.9% in the past one-month time frame.

Libbey has seen a flat track record when it comes to current year estimate revisions over the past few weeks (no increase, no decrease), and the consensus for earnings hasn’t been in a trend either. This recent price action is discouraging, so make sure to keep a close watch of this firm in the near future, and especially on earnings estimates following the recent slump.

LBY currently has a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.

Some better-ranked stocks in the consumer discretionary sector include Brunswick Corporation (BC), Dover Motorsports Inc. (DVD) and Harman International Industries, Incorporated (HAR). All these stocks hold 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 >>



LIBBEY INC SC (LBY): Free Stock Analysis Report


Zacks Investment Research