D-Market Elektronik Hizmetler ve Ticaret A.S. (NASDAQ: HEPS) stock jumped 13.54% on Friday to $1.09 against a previous-day closing price of $0.96. With 1.2 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.79 million shares. During the session, the Internet Retail company that operates in wider Consumer Cyclical sector, reached to the highest price of $1.1200 whereas the lowest price it dropped to was $0.9699. The 52-week range on HEPS shows that it touched its highest point at $14.09 and its lowest point at $0.59 during that stretch. It currently has a 1-year price target of $2.97.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of HEPS was up-trending over the past week, with a rise of 22.47%, but this was up by 49.97% over a month. Three-month performance dropped to -36.99% while six-month performance fell -48.83%. The stock lost -91.66% in the past year, while it has lost -42.93% so far this year. For the next quarter, that number is -0.75. This implies an EPS growth rate of -217.20% for this year and -10.00% for next year.
Float and Shares Shorts:
At present, 326.00 million HEPS shares are outstanding with a float of 112.77 million shares on hand for trading. On Jul 14, 2022, short shares totaled 3.02 million, which was 0.93% higher than short shares on Jun 14, 2022. In addition to Mr. Mehmet Murat Emirdag as the firm’s CEO & Director, Mr. Halil Korhan Oz serves as its Chief Financial Officer.
Through their ownership of 20.15% of HEPS’s outstanding shares, institutional investors have minority control over the company. Other institutions hold 5.01% of HEPS, in contrast to 13.79% held by mutual funds. Shares owned by individuals account for –. As the largest shareholder in HEPS with 5.65% of the stake, T. Rowe Price Associates, Inc. holds 16,159,295 shares worth 16,159,295. A second-largest stockholder of HEPS, Genesis Investment Management LLP, holds 9,351,348 shares, controlling over 3.27% of the firm’s shares. Must Asset Management Inc. is the third largest shareholder in HEPS, holding 7,447,018 shares or 2.60% stake. With a 0.99% stake in HEPS, the T Rowe Price Science & Technology is the largest stakeholder. A total of 2,818,553 shares are owned by the mutual fund manager. The Stichting Pensioenfonds ABP, which owns about 0.63% of HEPS stock, is the second-largest Mutual Fund holder. It holds 1,786,178 shares valued at 1.09 million. BlackRock Global Funds – Emerging holds 0.60% of the stake in HEPS, owning 1,712,497 shares worth 1.04 million.
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for HEPS since 6 analysts follow the stock currently. There are 3 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 3 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With HEPS analysts setting a high price target of $100.04 and a low target of $15.69, the average target price over the next 12 months is $48.13. Based on these targets, HEPS could surge 9077.98% to reach the target high and rise by 1339.45% to reach the target low. Reaching the average price target will result in a growth of 4315.6% from current levels.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. HEPS will report FY 2022 earnings on 03/23/2023. Analysts have provided yearly estimates in a range of -$4.85 being high and -$7.47 being low. For HEPS, this leads to a yearly average estimate of -$6.30. The earnings surprise of a firm occurs when the actual results change from the consensus earnings estimate. D-Market Elektronik Hizmetler ve Ticaret A.S. surprised analysts by -$0.04 when it reported -$0.05 EPS against a consensus estimate of -$0.00. The surprise factor in the prior quarter was $0.26. Based on analyst estimates, the high estimate for the next quarter is -$0.75 and the low estimate is -$0.75. The average estimate for the next quarter is thus -$0.75.