With 1.0 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.8 million shares. The 52-week range on SMG shows that it touched its highest point at $93.90 and its lowest point at $55.68 during that stretch. It currently has a 1-year price target of $75.86. With its current market cap of 3.57 billion, SMG has annualized dividend of $2.64 while the current yield stands at 4.25%. Beta for the stock currently stands at 1.96.
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 SMG was up-trending over the past week, with a rise of 6.08%, but this was down by -10.77% over a month. Three-month performance dropped to -19.27% while six-month performance fell -11.91%. The stock lost -5.52% in the past year, while it has lost -6.33% so far this year. A look at the trailing 12-month EPS for SMG yields -0.48 with Next year EPS estimates of 4.26. For the next quarter, that number is 3.97. This implies an EPS growth rate of 49.51% for this year and 24.53% for next year.
Float and Shares Shorts:
At present, 57.50 million SMG shares are outstanding with a float of 43.60 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 SMG since 4 analysts follow the stock currently. There are 2 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 2 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 $2.67382 being high and $2.47576 being low. For SMG, this leads to a yearly average estimate of $2.5946. Based on analyst estimates, the high estimate for the next quarter is $2.45 and the low estimate is $1.77. The average estimate for the next quarter is thus $2.22.
