With 48.03 million shares changed hands, the volume of the stock remained heavier than its average volume of 40.1 million shares. The 52-week range on OPEN shows that it touched its highest point at $3.24 and its lowest point at $1.12 during that stretch. It currently has a 1-year price target of $1.47. Beta for the stock currently stands at 2.81.
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 OPEN was down-trending over the past week, with a drop of -10.45%, but this was down by -13.04% over a month. Three-month performance dropped to -44.44% while six-month performance fell -37.50%. The stock lost -56.83% in the past year, while it has lost -25.00% so far this year. A look at the trailing 12-month EPS for OPEN yields -0.56 with Next year EPS estimates of -0.36. For the next quarter, that number is -0.13. This implies an EPS growth rate of 25.55% for this year and 14.80% for next year. EPS is expected to grow by 19.93% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 33.36%.
Float and Shares Shorts:
At present, 719.99 million OPEN shares are outstanding with a float of 607.81 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 OPEN 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 -$0.51933 being high and -$0.60589 being low. For OPEN, this leads to a yearly average estimate of -$0.56261. Based on analyst estimates, the high estimate for the next quarter is -$0.06 and the low estimate is -$0.09. The average estimate for the next quarter is thus -$0.07.
