With 0.71 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.5 million shares. The 52-week range on AVNS shows that it touched its highest point at $25.36 and its lowest point at $11.84 during that stretch. It currently has a 1-year price target of $14.00. Beta for the stock currently stands at 1.16.
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 AVNS was up-trending over the past week, with a rise of 0.24%, but this was down by -2.71% over a month. Three-month performance dropped to -27.16% while six-month performance fell -32.76%. The stock lost -36.08% in the past year, while it has lost -20.98% so far this year. A look at the trailing 12-month EPS for AVNS yields -8.36 with Next year EPS estimates of 1.20. For the next quarter, that number is 0.19. This implies an EPS growth rate of -27.78% for this year and 22.56% for next year. EPS is expected to decline by -2.02% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of -54.63%.
Float and Shares Shorts:
At present, 46.24 million AVNS shares are outstanding with a float of 44.74 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 AVNS since 2 analysts follow the stock currently. There are 0 analysts who recommend BUY ratings, while 1 suggest SELL ratings. Of the remaining analysts, 1 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 $1.33504 being high and $1.31496 being low. For AVNS, this leads to a yearly average estimate of $1.325.
