With 7.03 million shares changed hands, the volume of the stock remained heavier than its average volume of 6.71 million shares. The 52-week range on AFRM shows that it touched its highest point at $82.53 and its lowest point at $22.25 during that stretch. It currently has a 1-year price target of $77.71. Beta for the stock currently stands at 3.64.
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 AFRM was down-trending over the past week, with a drop of -6.99%, but this was down by -0.39% over a month. Three-month performance dropped to -6.65% while six-month performance rose 95.88%. The stock gained 64.96% in the past year, while it has gained 1.58% so far this year. A look at the trailing 12-month EPS for AFRM yields -0.65 with Next year EPS estimates of 0.63. For the next quarter, that number is -0.02. This implies an EPS growth rate of 98.82% for this year and 3283.14% for next year.
Float and Shares Shorts:
At present, 274.93 million AFRM shares are outstanding with a float of 263.53 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 AFRM since 16 analysts follow the stock currently. There are 5 analysts who recommend BUY ratings, while 4 suggest SELL ratings. Of the remaining analysts, 7 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 -$1.86818 being high and -$2.08564 being low. For AFRM, this leads to a yearly average estimate of -$1.95714. Based on analyst estimates, the high estimate for the next quarter is $0.06 and the low estimate is $0.06. The average estimate for the next quarter is thus $0.06.
Summary of Insider Activity:
Insiders traded AFRM 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.
