With 12.39 million shares changed hands, the volume of the stock remained heavier than its average volume of 4.09 million shares. The 52-week range on TGB shows that it touched its highest point at $3.15 and its lowest point at $1.47 during that stretch. It currently has a 1-year price target of $3.08. Beta for the stock currently stands at 1.61.
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 TGB was down-trending over the past week, with a drop of -2.36%, but this was up by 7.25% over a month. Three-month performance surged to 4.55% while six-month performance fell -4.17%. The stock gained 39.86% in the past year, while it has gained 6.70% so far this year. A look at the trailing 12-month EPS for TGB yields -0.03 with Next year EPS estimates of 0.29. For the next quarter, that number is -0.01. This implies an EPS growth rate of 27.37% for this year and 71.14% for next year. EPS is expected to grow by 58.70% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 27.43%.
Float and Shares Shorts:
At present, 304.68 million TGB shares are outstanding with a float of 303.36 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 TGB 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 $0.21364 being high and $0.16434 being low. For TGB, this leads to a yearly average estimate of $0.1972. Based on analyst estimates, the high estimate for the next quarter is $0.05 and the low estimate is $0.01. The average estimate for the next quarter is thus $0.03.
Summary of Insider Activity:
Insiders traded TGB 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.
