With 3.23 million shares changed hands, the volume of the stock remained heavier than its average volume of 1.98 million shares. The 52-week range on REI shows that it touched its highest point at $2.43 and its lowest point at $1.25 during that stretch. It currently has a 1-year price target of $3.00. Beta for the stock currently stands at 1.72.
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 REI was up-trending over the past week, with a rise of 15.53%, but this was up by 32.86% over a month. Three-month performance surged to 19.23% while six-month performance fell -3.63%. The stock gained 6.90% in the past year, while it has gained 27.40% so far this year. A look at the trailing 12-month EPS for REI yields 0.54 with Next year EPS estimates of 0.49. For the next quarter, that number is 0.10. This implies an EPS growth rate of -14.22% for this year and 11.24% for next year. EPS is expected to grow by 37.00% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 29.41%.
Float and Shares Shorts:
At present, 196.84 million REI shares are outstanding with a float of 124.77 million shares on hand for trading. On Feb 29, 2024, short shares totaled 13.18 million, which was 6.70% higher than short shares on Jan 31, 2024. In addition to Mr. Paul D. McKinney as the firm’s CEO & Chairman of the Board, Mr. Travis T. Thomas serves as its Executive VP, CFO, Corporate Secretary & Treasurer.
Institutional Ownership:
Through their ownership of 47.70% of REI’s outstanding shares, institutional investors have minority control over the company.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for REI since 0 analysts follow the stock currently. In the same way, a target price assigned to a stock can also reveal much about its potential.
