With 4.83 million shares changed hands, the volume of the stock remained lighter than its average volume of 5.39 million shares. The 52-week range on AR shows that it touched its highest point at $42.62 and its lowest point at $24.53 during that stretch. It currently has a 1-year price target of $44.57. Beta for the stock currently stands at 0.68.
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 AR was down-trending over the past week, with a drop of -1.88%, but this was up by 6.10% over a month. Three-month performance dropped to -8.34% while six-month performance rose 37.17%. The stock gained 8.73% in the past year, while it has gained 1.28% so far this year. A look at the trailing 12-month EPS for AR yields 0.72 with Next year EPS estimates of 3.89. For the next quarter, that number is 0.62. This implies an EPS growth rate of 815.14% for this year and 22.06% for next year.
Float and Shares Shorts:
At present, 311.58 million AR shares are outstanding with a float of 287.17 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 AR since 10 analysts follow the stock currently. There are 7 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 2 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 $0.22258 being high and -$0.04280438 being low. For AR, this leads to a yearly average estimate of $0.068487.
