With 1.41 million shares changed hands, the volume of the stock remained heavier than its average volume of 1.33 million shares. The 52-week range on GDRX shows that it touched its highest point at $9.26 and its lowest point at $4.09 during that stretch. It currently has a 1-year price target of $6.71. Beta for the stock currently stands at 1.25.
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 GDRX was down-trending over the past week, with a drop of -7.43%, but this was down by -3.56% over a month. Three-month performance dropped to -6.30% while six-month performance fell -42.30%. The stock lost -39.42% in the past year, while it has lost -0.86% so far this year. A look at the trailing 12-month EPS for GDRX yields 0.04 with Next year EPS estimates of 0.47. For the next quarter, that number is 0.09. This implies an EPS growth rate of 13.47% for this year and 20.98% for next year. EPS is expected to grow by 15.98% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of -17.73%.
Float and Shares Shorts:
At present, 105.95 million GDRX shares are outstanding with a float of 88.69 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 GDRX since 16 analysts follow the stock currently. There are 9 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 7 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 $0.35456 being high and $0.33298 being low. For GDRX, this leads to a yearly average estimate of $0.34307. Based on analyst estimates, the high estimate for the next quarter is $0.11 and the low estimate is $0.09. The average estimate for the next quarter is thus $0.1.
