With 5.92 million shares changed hands, the volume of the stock remained heavier than its average volume of 2.59 million shares. The 52-week range on GOGL shows that it touched its highest point at $15.77 and its lowest point at $8.38 during that stretch. It currently has a 1-year price target of $12.38. With its current market cap of 1.74 billion, GOGL has annualized dividend of $1.20 while the current yield stands at 13.77%. Beta for the stock currently stands at 1.12.
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 GOGL was down-trending over the past week, with a drop of -11.52%, but this was down by -7.97% over a month. Three-month performance dropped to -11.34% while six-month performance fell -25.39%. The stock lost -33.01% in the past year, while it has lost -2.73% so far this year. A look at the trailing 12-month EPS for GOGL yields 1.12 with Next year EPS estimates of 1.43. For the next quarter, that number is -0.17. This implies an EPS growth rate of -35.51% for this year and 121.24% for next year. EPS is expected to grow by 24.67% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 33.97%.
Float and Shares Shorts:
At present, 199.40 million GOGL shares are outstanding with a float of 119.13 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 GOGL since 3 analysts follow the stock currently. There are 0 analysts who recommend BUY ratings, while 1 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 $1.15036 being high and $1.00295 being low. For GOGL, this leads to a yearly average estimate of $1.07863. Based on analyst estimates, the high estimate for the next quarter is $0.29 and the low estimate is $0.07. The average estimate for the next quarter is thus $0.17.
