With 4.86 million shares changed hands, the volume of the stock remained heavier than its average volume of 4.53 million shares. The 52-week range on AR shows that it touched its highest point at $41.53 and its lowest point at $24.53 during that stretch. It currently has a 1-year price target of $44.59. Beta for the stock currently stands at 3.21.
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 AR was down-trending over the past week, with a drop of -5.06%, but this was down by -12.78% over a month. Three-month performance surged to 6.26% while six-month performance rose 31.75%. The stock gained 26.33% in the past year, while it has lost -3.62% so far this year. A look at the trailing 12-month EPS for AR yields 0.18 with Next year EPS estimates of 3.52. For the next quarter, that number is 0.73. This implies an EPS growth rate of 759.30% for this year and 17.73% for next year.
Float and Shares Shorts:
At present, 311.17 million AR shares are outstanding with a float of 288.03 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 AR since 10 analysts follow the stock currently. There are 7 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 2 believe that the stock is worth HOLDING, 1 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 $0.22258 being high and -$0.04280438 being low. For AR, this leads to a yearly average estimate of $0.068487. Based on analyst estimates, the high estimate for the next quarter is $0.9 and the low estimate is $0.12. The average estimate for the next quarter is thus $0.57.
