Does Opera Ltd ADR (OPRA) offer a good opportunity for investors?

With 0.54 million shares changed hands, the volume of the stock remained lighter than its average volume of 0.54 million shares. The 52-week range on OPRA shows that it touched its highest point at $22.50 and its lowest point at $10.11 during that stretch. It currently has a 1-year price target of $25.93. With its current market cap of 1.55 billion, OPRA has annualized dividend of $0.80 while the current yield stands at 4.61%. Beta for the stock currently stands at 1.00.

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 OPRA was up-trending over the past week, with a rise of 1.58%, but this was up by 21.17% over a month. Three-month performance dropped to -12.20% while six-month performance fell -3.45%. The stock gained 25.83% in the past year, while it has lost -8.45% so far this year. A look at the trailing 12-month EPS for OPRA yields 0.73 with Next year EPS estimates of 1.27. For the next quarter, that number is 0.20. This implies an EPS growth rate of 8.89% for this year and 30.00% for next year. EPS is expected to grow by 18.03% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 28.67%.

Float and Shares Shorts:

At present, 89.50 million OPRA shares are outstanding with a float of 88.40 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 OPRA 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 $0.8215 being high and $0.79197 being low. For OPRA, this leads to a yearly average estimate of $0.806.