With 22.04 million shares changed hands, the volume of the stock remained heavier than its average volume of 21.83 million shares. The 52-week range on GOLD shows that it touched its highest point at $21.35 and its lowest point at $15.11 during that stretch. It currently has a 1-year price target of $21.58. With its current market cap of 31.88 billion, GOLD has annualized dividend of $0.40 while the current yield stands at 2.17%. Beta for the stock currently stands at 0.60.
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 GOLD was up-trending over the past week, with a rise of 3.77%, but this was up by 10.67% over a month. Three-month performance surged to 7.26% while six-month performance fell -5.82%. The stock gained 19.40% in the past year, while it has gained 19.10% so far this year. A look at the trailing 12-month EPS for GOLD yields 1.22 with Next year EPS estimates of 1.69. For the next quarter, that number is 0.27. This implies an EPS growth rate of 24.32% for this year and 8.06% for next year. EPS is expected to grow by 9.59% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of -11.52%.
Float and Shares Shorts:
At present, 1.73 billion GOLD shares are outstanding with a float of 1.71 billion 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 GOLD since 8 analysts follow the stock currently. There are 5 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 3 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 $1.2956 being high and $1.12026 being low. For GOLD, this leads to a yearly average estimate of $1.21767. Based on analyst estimates, the high estimate for the next quarter is $0.39 and the low estimate is $0.26. The average estimate for the next quarter is thus $0.34.
