With 0.73 million shares changed hands, the volume of the stock remained lighter than its average volume of 1.24 million shares. The 52-week range on PD shows that it touched its highest point at $23.12 and its lowest point at $14.30 during that stretch. It currently has a 1-year price target of $20.09. Beta for the stock currently stands at 0.93.
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 PD was down-trending over the past week, with a drop of -1.29%, but this was up by 2.20% over a month. Three-month performance dropped to -20.22% while six-month performance fell -17.11%. The stock lost -24.91% in the past year, while it has lost -16.16% so far this year. A look at the trailing 12-month EPS for PD yields -0.59 with Next year EPS estimates of 1.09. For the next quarter, that number is 0.19. This implies an EPS growth rate of 9.86% for this year and 16.45% for next year. EPS is expected to grow by 13.26% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 5.07%.
Float and Shares Shorts:
At present, 91.08 million PD shares are outstanding with a float of 85.01 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 PD since 10 analysts follow the stock currently. There are 6 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 4 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 $0.73762 being high and $0.7112 being low. For PD, this leads to a yearly average estimate of $0.72122.
