With 2.04 million shares changed hands, the volume of the stock remained heavier than its average volume of 1.42 million shares. The 52-week range on AESI shows that it touched its highest point at $26.86 and its lowest point at $16.98 during that stretch. It currently has a 1-year price target of $23.30. With its current market cap of 2.15 billion, AESI has annualized dividend of $0.94 while the current yield stands at 5.33%. Beta for the stock currently stands at 1.23.
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 AESI was down-trending over the past week, with a drop of -2.22%, but this was down by -18.84% over a month. Three-month performance dropped to -24.93% while six-month performance fell -13.84%. The stock lost -13.32% in the past year, while it has lost -20.56% so far this year. A look at the trailing 12-month EPS for AESI yields 0.54 with Next year EPS estimates of 1.72. For the next quarter, that number is 0.18. This implies an EPS growth rate of 121.57% for this year and 41.32% for next year.
Float and Shares Shorts:
At present, 110.22 million AESI shares are outstanding with a float of 76.45 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 AESI since 4 analysts follow the stock currently. There are 4 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 $0.75271 being high and $0.68103 being low. For AESI, this leads to a yearly average estimate of $0.71687. Based on analyst estimates, the high estimate for the next quarter is $0.33 and the low estimate is $0.31. The average estimate for the next quarter is thus $0.32.
