With 1.15 million shares changed hands, the volume of the stock remained lighter than its average volume of 2.0 million shares. The 52-week range on OPFI shows that it touched its highest point at $17.73 and its lowest point at $2.25 during that stretch. It currently has a 1-year price target of $13.00. Beta for the stock currently stands at 1.63.
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 OPFI was down-trending over the past week, with a drop of -1.50%, but this was down by -45.63% over a month. Three-month performance surged to 25.31% while six-month performance rose 126.29%. The stock gained 153.42% in the past year, while it has gained 20.23% so far this year. A look at the trailing 12-month EPS for OPFI yields 0.21 with Next year EPS estimates of 1.20. For the next quarter, that number is 0.25. This implies an EPS growth rate of 12.63% for this year and 12.15% for next year.
Float and Shares Shorts:
At present, 86.21 million OPFI shares are outstanding with a float of 19.59 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 OPFI since 1 analysts follow the stock currently. There are 1 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 0 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 $0.88208 being high and $0.84492 being low. For OPFI, this leads to a yearly average estimate of $0.86333. Based on analyst estimates, the high estimate for the next quarter is $0.29 and the low estimate is $0.26. The average estimate for the next quarter is thus $0.27.
