With 0.55 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.38 million shares. The 52-week range on AIT shows that it touched its highest point at $282.98 and its lowest point at $181.35 during that stretch. It currently has a 1-year price target of $277.86. With its current market cap of 8.22 billion, AIT has annualized dividend of $1.57 while the current yield stands at 0.73%. Beta for the stock currently stands at 0.98.
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 AIT was down-trending over the past week, with a drop of -11.25%, but this was up by 3.66% over a month. Three-month performance dropped to -18.50% while six-month performance fell -6.74%. The stock gained 16.09% in the past year, while it has lost -9.84% so far this year. A look at the trailing 12-month EPS for AIT yields 9.97 with Next year EPS estimates of 10.63. For the next quarter, that number is 2.62. This implies an EPS growth rate of 2.03% for this year and 6.87% for next year. EPS is expected to grow by 6.08% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 21.73%.
Float and Shares Shorts:
At present, 38.19 million AIT shares are outstanding with a float of 37.67 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 AIT 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 $9.63198 being high and $9.59202 being low. For AIT, this leads to a yearly average estimate of $9.612.
