With 1.9 million shares changed hands, the volume of the stock remained lighter than its average volume of 2.38 million shares. The 52-week range on SID shows that it touched its highest point at $3.50 and its lowest point at $1.27 during that stretch. It currently has a 1-year price target of $2.02. With its current market cap of 2.02 billion, SID has annualized dividend of $0.23 while the current yield stands at 15.09%. Beta for the stock currently stands at 2.17.
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 SID was down-trending over the past week, with a drop of -1.94%, but this was down by -1.30% over a month. Three-month performance dropped to -22.45% while six-month performance fell -32.74%. The stock lost -56.82% in the past year, while it has gained 5.56% so far this year. A look at the trailing 12-month EPS for SID yields -0.19 with Next year EPS estimates of 0.06. For the next quarter, that number is -0.05. This implies an EPS growth rate of -193.58% for this year and 130.49% for next year.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for SID since 0 analysts follow the stock currently. There are 0 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 0 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 $7.19675 being high and -$9.15948 being low. For SID, this leads to a yearly average estimate of -$1.30845. Based on analyst estimates, the high estimate for the next quarter is $0 and the low estimate is $0. The average estimate for the next quarter is thus $0.
