With 0.71 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.65 million shares. The 52-week range on ACLS shows that it touched its highest point at $158.61 and its lowest point at $53.67 during that stretch. It currently has a 1-year price target of $79.50. Beta for the stock currently stands at 1.53.
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 ACLS was up-trending over the past week, with a rise of 9.29%, but this was down by -8.39% over a month. Three-month performance dropped to -21.33% while six-month performance fell -40.47%. The stock lost -47.03% in the past year, while it has lost -14.17% so far this year. A look at the trailing 12-month EPS for ACLS yields 6.14 with Next year EPS estimates of 3.76. For the next quarter, that number is 0.39. This implies an EPS growth rate of -62.22% for this year and 61.66% for next year.
Float and Shares Shorts:
At present, 32.37 million ACLS shares are outstanding with a float of 31.63 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 ACLS since 7 analysts follow the stock currently. There are 6 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 1 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 $6.35656 being high and $5.84626 being low. For ACLS, this leads to a yearly average estimate of $5.85625. Based on analyst estimates, the high estimate for the next quarter is $0.61 and the low estimate is $0.43. The average estimate for the next quarter is thus $0.5.
