With 6.68 million shares changed hands, the volume of the stock remained heavier than its average volume of 5.75 million shares. The 52-week range on HBM shows that it touched its highest point at $10.49 and its lowest point at $5.80 during that stretch. It currently has a 1-year price target of $10.39. With its current market cap of 2.42 billion, HBM has annualized dividend of $0.01 while the current yield stands at 0.21%. Beta for the stock currently stands at 1.72.
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 HBM was down-trending over the past week, with a drop of -4.70%, but this was down by -18.92% over a month. Three-month performance dropped to -20.69% while six-month performance fell -12.44%. The stock gained 18.76% in the past year, while it has lost -14.81% so far this year. A look at the trailing 12-month EPS for HBM yields 0.19 with Next year EPS estimates of 0.70. For the next quarter, that number is 0.19. This implies an EPS growth rate of 41.01% for this year and 3.34% for next year.
Float and Shares Shorts:
At present, 394.93 million HBM shares are outstanding with a float of 350.35 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for HBM since 10 analysts follow the stock currently. There are 9 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 $0.54026 being high and $0.37259 being low. For HBM, this leads to a yearly average estimate of $0.44711. Based on analyst estimates, the high estimate for the next quarter is $0.23 and the low estimate is $0.1. The average estimate for the next quarter is thus $0.14.
Summary of Insider Activity:
Insiders traded HBM stock several times over the past three months with 0 Buys and 0 Sells. In these transactions, 0 shares were bought while 0 shares were sold. The number of buy transactions has remained unchanged to 0 while that of sell transactions has remained unmoved to 0 over the past year. The total number of shares bought during that period was 0 while 0 shares were sold.
