With 3.91 million shares changed hands, the volume of the stock remained lighter than its average volume of 4.24 million shares. The 52-week range on SABR shows that it touched its highest point at $4.63 and its lowest point at $1.81 during that stretch. It currently has a 1-year price target of $4.72. Beta for the stock currently stands at 1.63.
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 SABR was down-trending over the past week, with a drop of -8.39%, but this was up by 15.93% over a month. Three-month performance surged to 4.24% while six-month performance rose 33.22%. The stock gained 50.00% in the past year, while it has gained 7.67% so far this year. A look at the trailing 12-month EPS for SABR yields -0.73 with Next year EPS estimates of 0.25. For the next quarter, that number is 0.03. This implies an EPS growth rate of 178.18% for this year and 69.28% for next year.
Float and Shares Shorts:
At present, 385.93 million SABR shares are outstanding with a float of 359.25 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 SABR since 3 analysts follow the stock currently. There are 2 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 -$0.22821 being high and -$0.30428 being low. For SABR, this leads to a yearly average estimate of -$0.27385. Based on analyst estimates, the high estimate for the next quarter is $0.08 and the low estimate is -$0.02. The average estimate for the next quarter is thus $0.03.
Summary of Insider Activity:
Insiders traded SABR 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.
