With 0.57 million shares changed hands, the volume of the stock remained lighter than its average volume of 0.99 million shares. The 52-week range on ANAB shows that it touched its highest point at $41.31 and its lowest point at $12.21 during that stretch. It currently has a 1-year price target of $37.64. Beta for the stock currently stands at -0.03.
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 ANAB was up-trending over the past week, with a rise of 14.28%, but this was up by 4.04% over a month. Three-month performance dropped to -30.52% while six-month performance fell -54.53%. The stock lost -34.37% in the past year, while it has gained 26.36% so far this year. A look at the trailing 12-month EPS for ANAB yields -5.20 with Next year EPS estimates of -5.21. For the next quarter, that number is -1.30. This implies an EPS growth rate of -5.25% for this year and 3.23% for next year. EPS is expected to decline by -6.09% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of -7.30%.
Float and Shares Shorts:
At present, 30.47 million ANAB shares are outstanding with a float of 28.30 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 ANAB since 6 analysts follow the stock currently. There are 3 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 3 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 -$5.7043 being high and -$6.2247 being low. For ANAB, this leads to a yearly average estimate of -$6.08459. Based on analyst estimates, the high estimate for the next quarter is -$1.07 and the low estimate is -$1.58. The average estimate for the next quarter is thus -$1.39.
