With 29.16 million shares changed hands, the volume of the stock remained heavier than its average volume of 19.89 million shares. The 52-week range on HIMS shows that it touched its highest point at $72.98 and its lowest point at $11.20 during that stretch. It currently has a 1-year price target of $45.81. Beta for the stock currently stands at 1.57.
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 HIMS was down-trending over the past week, with a drop of -15.27%, but this was down by -14.83% over a month. Three-month performance surged to 1.62% while six-month performance rose 138.88%. The stock gained 146.21% in the past year, while it has gained 42.56% so far this year. A look at the trailing 12-month EPS for HIMS yields 0.53 with Next year EPS estimates of 0.86. For the next quarter, that number is 0.11. This implies an EPS growth rate of 12.05% for this year and 44.82% for next year. EPS is expected to grow by 31.05% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 17.22%.
Float and Shares Shorts:
At present, 212.46 million HIMS shares are outstanding with a float of 181.48 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 HIMS since 13 analysts follow the stock currently. There are 7 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 5 believe that the stock is worth HOLDING, 1 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 $0.57903 being high and $0.50051 being low. For HIMS, this leads to a yearly average estimate of $0.53977. Based on analyst estimates, the high estimate for the next quarter is $0.29 and the low estimate is $0.19. The average estimate for the next quarter is thus $0.24.
