With 103.36 million shares changed hands, the volume of the stock remained heavier than its average volume of 6.4 million shares. The 52-week range on ONDS shows that it touched its highest point at $3.40 and its lowest point at $0.54 during that stretch. It currently has a 1-year price target of $2.67.
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 ONDS was down-trending over the past week, with a drop of -16.95%, but this was down by -62.12% over a month. Three-month performance dropped to -4.79% while six-month performance fell -3.53%. The stock lost -40.70% in the past year, while it has lost -71.74% so far this year. A look at the trailing 12-month EPS for ONDS yields -0.73 with Next year EPS estimates of -0.29. For the next quarter, that number is -0.09. This implies an EPS growth rate of 40.63% for this year and 44.98% for next year. EPS is expected to grow by 50.51% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of -228.44%.
Float and Shares Shorts:
At present, 103.43 million ONDS shares are outstanding with a float of 90.25 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 ONDS 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 -$0.50278 being high and -$0.54222 being low. For ONDS, this leads to a yearly average estimate of -$0.5225. Based on analyst estimates, the high estimate for the next quarter is -$0.07 and the low estimate is -$0.07. The average estimate for the next quarter is thus -$0.07.
