With 2.71 million shares changed hands, the volume of the stock remained heavier than its average volume of 1.07 million shares. The 52-week range on CDLX shows that it touched its highest point at $15.89 and its lowest point at $1.22 during that stretch. It currently has a 1-year price target of $2.90. Beta for the stock currently stands at 1.19.
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 CDLX was up-trending over the past week, with a rise of 47.59%, but this was up by 35.02% over a month. Three-month performance dropped to -26.71% while six-month performance fell -48.31%. The stock lost -83.53% in the past year, while it has lost -42.32% so far this year. A look at the trailing 12-month EPS for CDLX yields -3.86 with Next year EPS estimates of -1.36. For the next quarter, that number is -0.48. This implies an EPS growth rate of 61.57% for this year and 9.48% for next year.
Float and Shares Shorts:
At present, 51.26 million CDLX shares are outstanding with a float of 49.56 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 CDLX since 3 analysts follow the stock currently. There are 2 analysts who recommend BUY ratings, while 1 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 -$3.83636 being high and -$4.23791 being low. For CDLX, this leads to a yearly average estimate of -$4.07.
