With 17.04 million shares changed hands, the volume of the stock remained heavier than its average volume of 13.2 million shares. The 52-week range on TGB shows that it touched its highest point at $3.15 and its lowest point at $1.67 during that stretch. It currently has a 1-year price target of $3.17. Beta for the stock currently stands at 1.39.
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 TGB was down-trending over the past week, with a drop of -13.68%, but this was up by 10.38% over a month. Three-month performance surged to 4.12% while six-month performance fell -9.42%. The stock lost -15.83% in the past year, while it has gained 4.12% so far this year. A look at the trailing 12-month EPS for TGB yields -0.14 with Next year EPS estimates of 0.31. For the next quarter, that number is -0.00. This implies an EPS growth rate of -6.55% for this year and 145.26% for next year. EPS is expected to grow by 61.78% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 27.43%.
Float and Shares Shorts:
At present, 315.88 million TGB shares are outstanding with a float of 307.57 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 TGB since 5 analysts follow the stock currently. There are 3 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 2 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 $0.21364 being high and $0.16434 being low. For TGB, this leads to a yearly average estimate of $0.1972. Based on analyst estimates, the high estimate for the next quarter is $0.14 and the low estimate is $0.05. The average estimate for the next quarter is thus $0.09.
