With 0.73 million shares changed hands, the volume of the stock remained lighter than its average volume of 0.87 million shares. The 52-week range on NS shows that it touched its highest point at $24.50 and its lowest point at $14.70 during that stretch. It currently has a 1-year price target of $22.67. With its current market cap of 2.91 billion, NS has annualized dividend of $1.60 while the current yield stands at 6.97%. Beta for the stock currently stands at 1.69.
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 NS was down-trending over the past week, with a drop of -0.61%, but this was down by -3.61% over a month. Three-month performance surged to 22.06% while six-month performance rose 36.75%. The stock gained 42.87% in the past year, while it has gained 22.91% so far this year. A look at the trailing 12-month EPS for NS yields 0.72 with Next year EPS estimates of 1.49. For the next quarter, that number is 0.30. This implies an EPS growth rate of 84.93% for this year and 11.82% for next year. EPS is expected to grow by 28.90% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of -6.70%.
Float and Shares Shorts:
At present, 126.52 million NS shares are outstanding with a float of 112.44 million shares on hand for trading. On Mar 15, 2024, short shares totaled 2.73 million, which was 2.16% higher than short shares on Feb 15, 2024. In addition to QS as the firm’s QuantumScape Corporation, GNS serves as its Genius Group Limited.
Institutional Ownership:
Through their ownership of 63.49% of NS’s outstanding shares, institutional investors have majority 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 NS 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.
