With 0.68 million shares changed hands, the volume of the stock remained lighter than its average volume of 0.89 million shares. The 52-week range on EGY shows that it touched its highest point at $7.51 and its lowest point at $3.96 during that stretch. It currently has a 1-year price target of $8.83. With its current market cap of 429.83 million, EGY has annualized dividend of $0.25 while the current yield stands at 6.11%. Beta for the stock currently stands at 1.15.
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 EGY was down-trending over the past week, with a drop of -7.88%, but this was down by -2.62% over a month. Three-month performance dropped to -24.40% while six-month performance fell -37.17%. The stock lost -3.31% in the past year, while it has lost -6.41% so far this year. A look at the trailing 12-month EPS for EGY yields 0.86 with Next year EPS estimates of 0.33. For the next quarter, that number is 0.04. This implies an EPS growth rate of -29.84% for this year and -24.71% for next year. EPS is expected to grow by 17.27% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of -19.09%.
Float and Shares Shorts:
At present, 103.74 million EGY shares are outstanding with a float of 103.56 million shares on hand for trading.
Analysts Ratings:
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 $0.49524 being high and $0.42051 being low. For EGY, this leads to a yearly average estimate of $0.45. Based on analyst estimates, the high estimate for the next quarter is $0.07 and the low estimate is $0.07. The average estimate for the next quarter is thus $0.07.
