With 0.66 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.51 million shares. The 52-week range on IBTA shows that it touched its highest point at $108.65 and its lowest point at $31.40 during that stretch. It currently has a 1-year price target of $50.25. Beta for the stock currently stands at -1.22.
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 IBTA was down-trending over the past week, with a drop of -4.54%, but this was up by 6.23% over a month. Three-month performance dropped to -35.13% while six-month performance fell -35.99%. The stock lost -54.89% in the past year, while it has lost -27.92% so far this year. A look at the trailing 12-month EPS for IBTA yields 2.03 with Next year EPS estimates of 1.91. For the next quarter, that number is 0.01. This implies an EPS growth rate of -52.39% for this year and 57.02% for next year.
Float and Shares Shorts:
At present, 27.81 million IBTA shares are outstanding with a float of 12.09 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 IBTA since 5 analysts follow the stock currently. There are 4 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 $0.42647 being high and $0.0594087 being low. For IBTA, this leads to a yearly average estimate of $0.244.
