With 0.67 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.59 million shares. The 52-week range on OEC shows that it touched its highest point at $26.05 and its lowest point at $10.49 during that stretch. It currently has a 1-year price target of $16.80. With its current market cap of 645.98 million, OEC has annualized dividend of $0.08 while the current yield stands at 0.72%. Beta for the stock currently stands at 1.16.
Price Performance and Earnings:
Three-month performance dropped to -18.25% while six-month performance fell -23.48%. The stock lost -52.68% in the past year, while it has lost -27.36% so far this year. A look at the trailing 12-month EPS for OEC yields 0.75 with Next year EPS estimates of 1.99. For the next quarter, that number is 0.43. This implies an EPS growth rate of -7.32% for this year and 22.17% for next year. EPS is expected to grow by 8.75% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of -12.17%.
Float and Shares Shorts:
At present, 57.24 million OEC shares are outstanding with a float of 55.11 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 OEC 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 $1.63484 being high and $1.5853 being low. For OEC, this leads to a yearly average estimate of $1.61502.
