With 1.27 million shares changed hands, the volume of the stock remained lighter than its average volume of 2.0 million shares. The 52-week range on SAGE shows that it touched its highest point at $22.34 and its lowest point at $4.62 during that stretch. It currently has a 1-year price target of $8.13. Beta for the stock currently stands at 0.54.
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 SAGE was up-trending over the past week, with a rise of 5.42%, but this was up by 4.70% over a month. Three-month performance surged to 30.92% while six-month performance fell -4.17%. The stock lost -65.18% in the past year, while it has gained 39.59% so far this year. A look at the trailing 12-month EPS for SAGE yields -6.60 with Next year EPS estimates of -2.65. For the next quarter, that number is -0.99. This implies an EPS growth rate of 46.51% for this year and 24.78% for next year. EPS is expected to grow by 38.39% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 13.20%.
Float and Shares Shorts:
At present, 61.36 million SAGE shares are outstanding with a float of 54.10 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 SAGE since 8 analysts follow the stock currently. There are 3 analysts who recommend BUY ratings, while 1 suggest SELL ratings. Of the remaining analysts, 4 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 -$5.96618 being high and -$7.00552 being low. For SAGE, this leads to a yearly average estimate of -$6.45587. Based on analyst estimates, the high estimate for the next quarter is -$0.44 and the low estimate is -$1.21. The average estimate for the next quarter is thus -$0.94.
