With 2.93 million shares changed hands, the volume of the stock remained heavier than its average volume of 2.05 million shares. The 52-week range on LTH shows that it touched its highest point at $33.64 and its lowest point at $12.34 during that stretch. It currently has a 1-year price target of $36.00. Beta for the stock currently stands at 1.91.
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 LTH was down-trending over the past week, with a drop of -3.80%, but this was down by -1.44% over a month. Three-month performance surged to 25.67% while six-month performance rose 28.57%. The stock gained 122.05% in the past year, while it has gained 36.12% so far this year. A look at the trailing 12-month EPS for LTH yields 0.74 with Next year EPS estimates of 1.50. For the next quarter, that number is 0.26. This implies an EPS growth rate of 66.09% for this year and 21.68% for next year. EPS is expected to grow by 32.81% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 36.38%.
Float and Shares Shorts:
At present, 207.50 million LTH shares are outstanding with a float of 79.71 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 LTH since 3 analysts follow the stock currently. There are 2 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 $0.80257 being high and $0.58448 being low. For LTH, this leads to a yearly average estimate of $0.72406. Based on analyst estimates, the high estimate for the next quarter is $0.37 and the low estimate is $0.33. The average estimate for the next quarter is thus $0.35.
