With 3.13 million shares changed hands, the volume of the stock remained heavier than its average volume of 1.6 million shares. The 52-week range on TAC shows that it touched its highest point at $14.64 and its lowest point at $6.78 during that stretch. It currently has a 1-year price target of $12.44. With its current market cap of 2.54 billion, TAC has annualized dividend of $0.17 while the current yield stands at 2.03%. Beta for the stock currently stands at 0.71.
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 TAC was down-trending over the past week, with a drop of -4.38%, but this was up by 2.28% over a month. Three-month performance dropped to -21.83% while six-month performance fell -17.04%. The stock gained 20.51% in the past year, while it has lost -39.79% so far this year. A look at the trailing 12-month EPS for TAC yields 0.42 with Next year EPS estimates of 0.20. For the next quarter, that number is 0.04. This implies an EPS growth rate of -24.00% for this year and -37.18% for next year. EPS is expected to decline by -10.14% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 25.30%.
Float and Shares Shorts:
At present, 297.50 million TAC shares are outstanding with a float of 295.72 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 TAC since 2 analysts follow the stock currently. There are 2 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 $0.97324 being high and $0.61933 being low. For TAC, this leads to a yearly average estimate of $0.79629.
