With 0.55 million shares changed hands, the volume of the stock remained lighter than its average volume of 0.61 million shares. The 52-week range on PACK shows that it touched its highest point at $9.04 and its lowest point at $4.30 during that stretch. It currently has a 1-year price target of $11.17. Beta for the stock currently stands at 2.68.
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 PACK was down-trending over the past week, with a drop of -13.07%, but this was down by -26.48% over a month. Three-month performance dropped to -28.68% while six-month performance fell -13.07%. The stock gained 24.62% in the past year, while it has lost -16.86% so far this year. A look at the trailing 12-month EPS for PACK yields -0.23 with Next year EPS estimates of -0.06. For the next quarter, that number is -0.07. This implies an EPS growth rate of 27.45% for this year and 65.31% for next year.
Float and Shares Shorts:
At present, 83.27 million PACK shares are outstanding with a float of 75.71 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 PACK since 1 analysts follow the stock currently. There are 1 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 -$0.15225 being high and -$0.15979 being low. For PACK, this leads to a yearly average estimate of -$0.15667. Based on analyst estimates, the high estimate for the next quarter is -$0.03 and the low estimate is -$0.03. The average estimate for the next quarter is thus -$0.03.
