With 0.74 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.48 million shares. The 52-week range on DAVE shows that it touched its highest point at $125.00 and its lowest point at $28.31 during that stretch. It currently has a 1-year price target of $128.14. Beta for the stock currently stands at 3.55.
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 DAVE was down-trending over the past week, with a drop of -17.19%, but this was down by -19.57% over a month. Three-month performance dropped to -7.01% while six-month performance rose 126.15%. The stock gained 131.56% in the past year, while it has lost -4.10% so far this year. A look at the trailing 12-month EPS for DAVE yields 4.26 with Next year EPS estimates of 4.37. For the next quarter, that number is 0.75. This implies an EPS growth rate of -22.10% for this year and 33.88% for next year.
Float and Shares Shorts:
At present, 11.50 million DAVE shares are outstanding with a float of 9.31 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 DAVE since 3 analysts follow the stock currently. There are 3 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 0 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 $3.89975 being high and $3.40236 being low. For DAVE, this leads to a yearly average estimate of $3.61333. Based on analyst estimates, the high estimate for the next quarter is $1.65 and the low estimate is $1.18. The average estimate for the next quarter is thus $1.33.
