With 2.69 million shares changed hands, the volume of the stock remained heavier than its average volume of 2.5 million shares. The 52-week range on BHC shows that it touched its highest point at $9.85 and its lowest point at $3.96 during that stretch. It currently has a 1-year price target of $7.50. Beta for the stock currently stands at 0.34.
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 BHC was down-trending over the past week, with a drop of -8.87%, but this was down by -13.05% over a month. Three-month performance dropped to -32.28% while six-month performance fell -39.66%. The stock lost -43.66% in the past year, while it has lost -38.83% so far this year. A look at the trailing 12-month EPS for BHC yields -0.11 with Next year EPS estimates of 4.42. For the next quarter, that number is 0.92. This implies an EPS growth rate of -0.53% for this year and 10.61% for next year. EPS is expected to grow by 7.49% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 52.33%.
Float and Shares Shorts:
At present, 369.54 million BHC shares are outstanding with a float of 291.59 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 BHC 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 $4.00661 being high and $3.56478 being low. For BHC, this leads to a yearly average estimate of $3.74553.
