Three companies have been added to the Zacks Rank #5 (Strong Sell) List:
- Alamo Group, Inc. (ALG) – The specialty machinery company’s earnings estimate for the current year has been revised downward by 10.1% over the last 60 days.
- Associated British Foods plc (ASBFY) – This diversified food and ingredients firm saw a 5.1% downward revision in its current year earnings estimate over the same period.
- B&M European Value Retail S.A. (BMRRY) – The retail company’s earnings estimate has dropped significantly by 31.4% in the last 60 days.
These revisions reflect challenges faced by the companies amid changing market conditions.
