With 2.24 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.75 million shares. The 52-week range on SPHR shows that it touched its highest point at $51.83 and its lowest point at $32.10 during that stretch. It currently has a 1-year price target of $54.00. Beta for the stock currently stands at 1.45.
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 SPHR was down-trending over the past week, with a drop of -13.00%, but this was down by -30.84% over a month. Three-month performance dropped to -17.16% while six-month performance fell -24.86%. The stock lost -31.86% in the past year, while it has lost -18.68% so far this year.
Float and Shares Shorts:
At present, 28.96 million SPHR shares are outstanding with a float of 27.22 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 SPHR 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 -$5.51625 being high and -$6.25385 being low. For SPHR, this leads to a yearly average estimate of -$5.79089. Based on analyst estimates, the high estimate for the next quarter is -$1.64 and the low estimate is -$1.86. The average estimate for the next quarter is thus -$1.71.
