The time has not yet come to remove your chips from the table: Arrowhead Pharmaceuticals Inc (ARWR)

With 0.99 million shares changed hands, the volume of the stock remained lighter than its average volume of 1.73 million shares. The 52-week range on ARWR shows that it touched its highest point at $30.41 and its lowest point at $9.57 during that stretch. It currently has a 1-year price target of $43.54. 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 ARWR was down-trending over the past week, with a drop of -5.98%, but this was up by 27.41% over a month. Three-month performance dropped to -35.57% while six-month performance fell -32.99%. The stock lost -46.56% in the past year, while it has lost -30.53% so far this year. A look at the trailing 12-month EPS for ARWR yields -5.15 with Next year EPS estimates of -3.66. For the next quarter, that number is -0.44. This implies an EPS growth rate of 47.21% for this year and -38.74% for next year.

Float and Shares Shorts:

At present, 125.57 million ARWR shares are outstanding with a float of 114.31 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 ARWR since 9 analysts follow the stock currently. There are 6 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 3 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 -$3.31327 being high and -$5.58024 being low. For ARWR, this leads to a yearly average estimate of -$4.69743.