With 20.11 million shares changed hands, the volume of the stock remained heavier than its average volume of 16.22 million shares. The 52-week range on AG shows that it touched its highest point at $8.44 and its lowest point at $4.43 during that stretch. It currently has a 1-year price target of $7.52. With its current market cap of 2.69 billion, AG has annualized dividend of $0.02 while the current yield stands at 0.43%. Beta for the stock currently stands at 1.09.
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 AG was up-trending over the past week, with a rise of 3.54%, but this was down by -4.64% over a month. Three-month performance dropped to -11.48% while six-month performance rose 13.96%. The stock gained 8.82% in the past year, while it has gained 1.09% so far this year. A look at the trailing 12-month EPS for AG yields -0.35 with Next year EPS estimates of 0.31. For the next quarter, that number is 0.07. This implies an EPS growth rate of 259.52% for this year and 39.70% for next year.
Float and Shares Shorts:
At present, 484.09 million AG shares are outstanding with a float of 430.40 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 AG since 4 analysts follow the stock currently. There are 1 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 -$0.06154875 being high and -$0.32826 being low. For AG, this leads to a yearly average estimate of -$0.16413. Based on analyst estimates, the high estimate for the next quarter is $0.11 and the low estimate is $0.06. The average estimate for the next quarter is thus $0.09.
