With 4.37 million shares changed hands, the volume of the stock remained heavier than its average volume of 3.95 million shares. The 52-week range on SMMT shows that it touched its highest point at $36.91 and its lowest point at $2.10 during that stretch. It currently has a 1-year price target of $37.38. Beta for the stock currently stands at -0.95.
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 SMMT was up-trending over the past week, with a rise of 2.46%, but this was up by 39.40% over a month. Three-month performance surged to 17.36% while six-month performance rose 30.18%. The stock gained 496.06% in the past year, while it has gained 35.61% so far this year. A look at the trailing 12-month EPS for SMMT yields -0.33 with Next year EPS estimates of -0.58. For the next quarter, that number is -0.09. This implies an EPS growth rate of -31.35% for this year and -41.84% for next year. EPS is expected to decline by -27.73% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of -10.52%.
Float and Shares Shorts:
At present, 741.61 million SMMT shares are outstanding with a float of 111.14 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 SMMT since 1 analysts follow the stock currently. There are 1 analysts who recommend BUY ratings, while 0 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 -$0.24435 being high and -$0.91813 being low. For SMMT, this leads to a yearly average estimate of -$0.58124.
