With 0.58 million shares changed hands, the volume of the stock remained lighter than its average volume of 0.95 million shares. The 52-week range on GOOS shows that it touched its highest point at $14.75 and its lowest point at $6.73 during that stretch. It currently has a 1-year price target of $9.24. Beta for the stock currently stands at 1.32.
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 GOOS was down-trending over the past week, with a drop of -0.72%, but this was up by 13.23% over a month. Three-month performance dropped to -21.99% while six-month performance fell -14.78%. The stock lost -26.94% in the past year, while it has lost -17.25% so far this year. A look at the trailing 12-month EPS for GOOS yields 0.51 with Next year EPS estimates of 0.73. For the next quarter, that number is 0.16. This implies an EPS growth rate of -2.02% for this year and 1.97% for next year. EPS is expected to decline by -1.36% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of -15.56%.
Float and Shares Shorts:
At present, 101.36 million GOOS shares are outstanding with a float of 50.09 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 GOOS since 7 analysts follow the stock currently. There are 2 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 5 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 $0.89595 being high and $0.85583 being low. For GOOS, this leads to a yearly average estimate of $0.88258.
