A History of Outperforming Analyst Forecasts and Beating the Odds: Artivion Inc (AORT)

With 1.3 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.37 million shares. The 52-week range on AORT shows that it touched its highest point at $32.33 and its lowest point at $18.56 during that stretch. It currently has a 1-year price target of $32.33. Beta for the stock currently stands at 1.67.

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 AORT was down-trending over the past week, with a drop of -2.56%, but this was down by -20.26% over a month. Three-month performance dropped to -16.58% while six-month performance fell -5.65%. The stock gained 28.83% in the past year, while it has lost -13.57% so far this year. A look at the trailing 12-month EPS for AORT yields -0.32 with Next year EPS estimates of 0.40. For the next quarter, that number is -0.12. This implies an EPS growth rate of 105.34% for this year and 2247.47% for next year.

Float and Shares Shorts:

At present, 41.95 million AORT shares are outstanding with a float of 39.61 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 AORT since 3 analysts follow the stock currently. There are 3 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 0 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 $0.00844332 being high and $0.00819895 being low. For AORT, this leads to a yearly average estimate of $0.008333.