Taking the lead: Taysha Gene Therapies Inc (TSHA)

With 3.12 million shares changed hands, the volume of the stock remained heavier than its average volume of 2.25 million shares. The 52-week range on TSHA shows that it touched its highest point at $4.32 and its lowest point at $1.05 during that stretch. It currently has a 1-year price target of $6.77. Beta for the stock currently stands at 0.89.

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 TSHA was up-trending over the past week, with a rise of 36.67%, but this was up by 95.24% over a month. Three-month performance surged to 60.78% while six-month performance rose 31.55%. The stock gained 1.65% in the past year, while it has gained 42.20% so far this year. A look at the trailing 12-month EPS for TSHA yields -0.38 with Next year EPS estimates of -0.42. For the next quarter, that number is -0.09. This implies an EPS growth rate of 3.49% for this year and -20.45% for next year. EPS is expected to grow by 8.17% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of -63.99%.

Float and Shares Shorts:

At present, 204.94 million TSHA shares are outstanding with a float of 165.06 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 TSHA since 8 analysts follow the stock currently. There are 7 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 1 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 -$0.3596 being high and -$0.39133 being low. For TSHA, this leads to a yearly average estimate of -$0.37018.