With 0.57 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.55 million shares. The 52-week range on BLBD shows that it touched its highest point at $59.40 and its lowest point at $30.04 during that stretch. It currently has a 1-year price target of $52.14. Beta for the stock currently stands at 1.39.
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 BLBD was up-trending over the past week, with a rise of 8.23%, but this was up by 17.61% over a month. Three-month performance surged to 5.63% while six-month performance fell -10.29%. The stock gained 6.61% in the past year, while it has lost -2.30% so far this year. A look at the trailing 12-month EPS for BLBD yields 3.23 with Next year EPS estimates of 4.37. For the next quarter, that number is 1.00. This implies an EPS growth rate of 13.48% for this year and 11.36% for next year. EPS is expected to grow by 8.84% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 28.64%.
Float and Shares Shorts:
At present, 32.11 million BLBD shares are outstanding with a float of 31.57 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 BLBD since 5 analysts follow the stock currently. There are 5 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 $3.50791 being high and $3.2123 being low. For BLBD, this leads to a yearly average estimate of $3.33054.
