With 0.7 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.29 million shares. The 52-week range on TCMD shows that it touched its highest point at $21.10 and its lowest point at $8.61 during that stretch. It currently has a 1-year price target of $13.00. Beta for the stock currently stands at 1.09.
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 TCMD was down-trending over the past week, with a drop of -31.73%, but this was down by -27.68% over a month. Three-month performance dropped to -45.51% while six-month performance fell -34.38%. The stock lost -32.47% in the past year, while it has lost -43.72% so far this year. A look at the trailing 12-month EPS for TCMD yields 0.66 with Next year EPS estimates of 0.80. For the next quarter, that number is 0.11. This implies an EPS growth rate of -20.71% for this year and 44.14% for next year. EPS is expected to grow by 28.92% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 4.69%.
Float and Shares Shorts:
At present, 23.58 million TCMD shares are outstanding with a float of 22.81 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 TCMD 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 $0.66159 being high and $0.58705 being low. For TCMD, this leads to a yearly average estimate of $0.615.
