With 0.94 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.63 million shares. The 52-week range on ACLS shows that it touched its highest point at $158.61 and its lowest point at $53.67 during that stretch. It currently has a 1-year price target of $79.50. Beta for the stock currently stands at 1.62.
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 ACLS was down-trending over the past week, with a drop of -13.32%, but this was down by -21.78% over a month. Three-month performance dropped to -26.30% while six-month performance fell -49.67%. The stock lost -50.44% in the past year, while it has lost -21.47% so far this year. A look at the trailing 12-month EPS for ACLS yields 6.14 with Next year EPS estimates of 3.76. For the next quarter, that number is 0.39. This implies an EPS growth rate of -62.22% for this year and 61.66% for next year.
Float and Shares Shorts:
At present, 32.37 million ACLS shares are outstanding with a float of 31.97 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 ACLS since 7 analysts follow the stock currently. There are 6 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 $6.35656 being high and $5.84626 being low. For ACLS, this leads to a yearly average estimate of $5.85625. Based on analyst estimates, the high estimate for the next quarter is $0.61 and the low estimate is $0.43. The average estimate for the next quarter is thus $0.5.
Summary of Insider Activity:
Insiders traded ACLS 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.
