With 1.44 million shares changed hands, the volume of the stock remained lighter than its average volume of 2.31 million shares. The 52-week range on SLDB shows that it touched its highest point at $15.05 and its lowest point at $2.88 during that stretch. It currently has a 1-year price target of $17.33. Beta for the stock currently stands at 1.94.
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 SLDB was up-trending over the past week, with a rise of 5.65%, but this was up by 94.79% over a month. Three-month performance surged to 13.10% while six-month performance fell -30.83%. The stock lost -44.78% in the past year, while it has gained 40.25% so far this year. A look at the trailing 12-month EPS for SLDB yields -3.04 with Next year EPS estimates of -2.38. For the next quarter, that number is -0.54. This implies an EPS growth rate of 29.95% for this year and -10.88% for next year. EPS is expected to grow by 9.81% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 41.25%.
Float and Shares Shorts:
At present, 77.49 million SLDB shares are outstanding with a float of 59.55 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 SLDB since 6 analysts follow the stock currently. There are 6 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 -$2.75109 being high and -$3.0717 being low. For SLDB, this leads to a yearly average estimate of -$2.93725. Based on analyst estimates, the high estimate for the next quarter is -$0.35 and the low estimate is -$0.76. The average estimate for the next quarter is thus -$0.49.
