With 1.17 million shares changed hands, the volume of the stock remained lighter than its average volume of 1.47 million shares. The 52-week range on EGO shows that it touched its highest point at $19.06 and its lowest point at $10.03 during that stretch. It currently has a 1-year price target of $18.16. Beta for the stock currently stands at 1.11.
Price Performance and Earnings:
Three-month performance dropped to -13.27% while six-month performance fell -18.55%. The stock gained 36.45% in the past year, while it has lost -2.82% so far this year. A look at the trailing 12-month EPS for EGO yields 1.41 with Next year EPS estimates of 2.06. For the next quarter, that number is 0.32. This implies an EPS growth rate of -9.72% for this year and 45.59% for next year. EPS is expected to grow by 28.64% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 22.81%.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for EGO since 5 analysts follow the stock currently. There are 3 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 2 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.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $1.67502 being high and $1.32239 being low. For EGO, this leads to a yearly average estimate of $1.46932. Based on analyst estimates, the high estimate for the next quarter is $0.38 and the low estimate is $0.25. The average estimate for the next quarter is thus $0.32.
