With 1.05 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 SPT shows that it touched its highest point at $62.34 and its lowest point at $24.00 during that stretch. It currently has a 1-year price target of $32.08. Beta for the stock currently stands at 1.07.
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 SPT was down-trending over the past week, with a drop of -13.06%, but this was down by -28.10% over a month. Three-month performance dropped to -26.75% while six-month performance fell -17.14%. The stock lost -60.34% in the past year, while it has lost -23.67% so far this year. A look at the trailing 12-month EPS for SPT yields -1.09 with Next year EPS estimates of 0.91. For the next quarter, that number is 0.15. This implies an EPS growth rate of 38.43% for this year and 31.03% for next year. EPS is expected to grow by 29.76% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of -2.58%.
Float and Shares Shorts:
At present, 51.28 million SPT shares are outstanding with a float of 49.96 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 SPT since 7 analysts follow the stock currently. There are 4 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 $0.4861 being high and $0.44734 being low. For SPT, this leads to a yearly average estimate of $0.46722. Based on analyst estimates, the high estimate for the next quarter is $0.16 and the low estimate is $0.09. The average estimate for the next quarter is thus $0.14.
