With 1.03 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.62 million shares. The 52-week range on IART shows that it touched its highest point at $36.80 and its lowest point at $16.81 during that stretch. It currently has a 1-year price target of $26.25. Beta for the stock currently stands at 1.25.
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 IART was up-trending over the past week, with a rise of 0.58%, but this was down by -13.11% over a month. Three-month performance dropped to -6.22% while six-month performance rose 17.82%. The stock lost -37.39% in the past year, while it has lost -0.31% so far this year. A look at the trailing 12-month EPS for IART yields -0.09 with Next year EPS estimates of 2.72. For the next quarter, that number is 0.43. This implies an EPS growth rate of -3.90% for this year and 10.46% for next year.
Float and Shares Shorts:
At present, 77.17 million IART shares are outstanding with a float of 66.17 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 IART since 5 analysts follow the stock currently. There are 2 analysts who recommend BUY ratings, while 1 suggest SELL ratings. Of the remaining analysts, 2 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 $2.47156 being high and $2.43154 being low. For IART, this leads to a yearly average estimate of $2.45155. Based on analyst estimates, the high estimate for the next quarter is $0.64 and the low estimate is $0.51. The average estimate for the next quarter is thus $0.57.
