With 11.32 million shares changed hands, the volume of the stock remained heavier than its average volume of 4.32 million shares. The 52-week range on S shows that it touched its highest point at $29.29 and its lowest point at $14.33 during that stretch. It currently has a 1-year price target of $29.58. Beta for the stock currently stands at 0.82.
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 S was down-trending over the past week, with a drop of -5.78%, but this was down by -21.68% over a month. Three-month performance dropped to -24.67% while six-month performance fell -14.81%. The stock lost -30.91% in the past year, while it has lost -15.54% so far this year. A look at the trailing 12-month EPS for S yields -0.93 with Next year EPS estimates of 0.20. For the next quarter, that number is 0.01. This implies an EPS growth rate of 108.24% for this year and 758.86% for next year.
Float and Shares Shorts:
At present, 293.90 million S shares are outstanding with a float of 278.22 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 S since 28 analysts follow the stock currently. There are 16 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 11 believe that the stock is worth HOLDING, 1 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 -$0.27093 being high and -$0.29996 being low. For S, this leads to a yearly average estimate of -$0.29028. Based on analyst estimates, the high estimate for the next quarter is -$0.16 and the low estimate is -$0.43. The average estimate for the next quarter is thus -$0.23.
