With 0.53 million shares changed hands, the volume of the stock remained lighter than its average volume of 0.69 million shares. The 52-week range on TARS shows that it touched its highest point at $57.28 and its lowest point at $20.08 during that stretch. It currently has a 1-year price target of $70.86. Beta for the stock currently stands at 0.94.
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 TARS was down-trending over the past week, with a drop of -8.74%, but this was down by -1.21% over a month. Three-month performance dropped to -14.77% while six-month performance rose 4.41%. The stock gained 34.13% in the past year, while it has lost -16.11% so far this year. A look at the trailing 12-month EPS for TARS yields -2.73 with Next year EPS estimates of 1.74. For the next quarter, that number is -0.39. This implies an EPS growth rate of 60.54% for this year and 243.26% for next year.
Float and Shares Shorts:
At present, 42.00 million TARS shares are outstanding with a float of 36.16 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 TARS since 4 analysts follow the stock currently. There are 4 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 -$2.94389 being high and -$3.47176 being low. For TARS, this leads to a yearly average estimate of -$3.21798. Based on analyst estimates, the high estimate for the next quarter is -$0.09 and the low estimate is -$0.11. The average estimate for the next quarter is thus -$0.1.
