With 0.81 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.31 million shares. The 52-week range on ETD shows that it touched its highest point at $35.14 and its lowest point at $24.55 during that stretch. It currently has a 1-year price target of $30.00. With its current market cap of 642.61 million, ETD has annualized dividend of $1.17 while the current yield stands at 4.63%. Beta for the stock currently stands at 1.23.
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 ETD was down-trending over the past week, with a drop of -11.12%, but this was down by -3.77% over a month. Three-month performance dropped to -17.47% while six-month performance fell -9.59%. The stock lost -12.96% in the past year, while it has lost -10.10% so far this year. A look at the trailing 12-month EPS for ETD yields 2.26 with Next year EPS estimates of 2.19. For the next quarter, that number is 0.45. This implies an EPS growth rate of -14.32% for this year and 2.66% for next year. EPS is expected to decline by -0.81% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 20.97%.
Float and Shares Shorts:
At present, 25.43 million ETD shares are outstanding with a float of 23.06 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 ETD since 0 analysts follow the stock currently. There are 0 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 $2.38084 being high and $2.36582 being low. For ETD, this leads to a yearly average estimate of $2.37333. Based on analyst estimates, the high estimate for the next quarter is $0.51 and the low estimate is $0.51. The average estimate for the next quarter is thus $0.51.
