With 0.64 million shares changed hands, the volume of the stock remained lighter than its average volume of 1.11 million shares. The 52-week range on MC shows that it touched its highest point at $82.89 and its lowest point at $47.00 during that stretch. It currently has a 1-year price target of $50.86. With its current market cap of 4.27 billion, MC has annualized dividend of $2.50 while the current yield stands at 4.72%. Beta for the stock currently stands at 1.64.
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 MC was down-trending over the past week, with a drop of -1.18%, but this was up by 5.79% over a month. Three-month performance dropped to -33.55% while six-month performance fell -20.89%. The stock gained 2.66% in the past year, while it has lost -28.33% so far this year. A look at the trailing 12-month EPS for MC yields 2.18 with Next year EPS estimates of 2.80. For the next quarter, that number is 0.29. This implies an EPS growth rate of 12.38% for this year and 37.04% for next year. EPS is expected to grow by 20.35% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of -1.28%.
Float and Shares Shorts:
At present, 74.18 million MC shares are outstanding with a float of 73.40 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 MC since 9 analysts follow the stock currently. There are 3 analysts who recommend BUY ratings, while 2 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 $1.24589 being high and $1.16871 being low. For MC, this leads to a yearly average estimate of $1.20179. Based on analyst estimates, the high estimate for the next quarter is $0.5 and the low estimate is $0.28. The average estimate for the next quarter is thus $0.37.
