With 6.67 million shares changed hands, the volume of the stock remained heavier than its average volume of 6.64 million shares. The 52-week range on BE shows that it touched its highest point at $29.83 and its lowest point at $9.02 during that stretch. It currently has a 1-year price target of $24.08. Beta for the stock currently stands at 3.28.
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 BE was down-trending over the past week, with a drop of -13.59%, but this was down by -1.57% over a month. Three-month performance dropped to -29.29% while six-month performance rose 70.21%. The stock gained 42.83% in the past year, while it has lost -26.43% so far this year. A look at the trailing 12-month EPS for BE yields -0.08 with Next year EPS estimates of 0.83. For the next quarter, that number is 0.02. This implies an EPS growth rate of 69.20% for this year and 74.88% for next year. EPS is expected to grow by 69.66% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 45.46%.
Float and Shares Shorts:
At present, 231.97 million BE shares are outstanding with a float of 219.55 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 BE since 9 analysts follow the stock currently. There are 8 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 0 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 $0.32411 being high and -$0.01473222 being low. For BE, this leads to a yearly average estimate of $0.13259.
