With 0.71 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.6 million shares. The 52-week range on BLCO shows that it touched its highest point at $21.69 and its lowest point at $13.16 during that stretch. It currently has a 1-year price target of $19.23. Beta for the stock currently stands at 0.49.
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 BLCO was down-trending over the past week, with a drop of -2.70%, but this was down by -9.11% over a month. Three-month performance dropped to -19.94% while six-month performance fell -2.52%. The stock lost -9.89% in the past year, while it has lost -12.18% so far this year. A look at the trailing 12-month EPS for BLCO yields -0.90 with Next year EPS estimates of 0.91. For the next quarter, that number is 0.03. This implies an EPS growth rate of 7.07% for this year and 35.05% for next year.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for BLCO since 5 analysts follow the stock currently. There are 4 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 1 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 $0.59221 being high and $0.57279 being low. For BLCO, this leads to a yearly average estimate of $0.5825. Based on analyst estimates, the high estimate for the next quarter is $0.18 and the low estimate is $0.13. The average estimate for the next quarter is thus $0.15.
