With 4.28 million shares changed hands, the volume of the stock remained heavier than its average volume of 1.08 million shares. The 52-week range on MBC shows that it touched its highest point at $20.67 and its lowest point at $10.84 during that stretch. It currently has a 1-year price target of $15.00. Beta for the stock currently stands at 1.74.
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 MBC was down-trending over the past week, with a drop of -16.95%, but this was down by -14.64% over a month. Three-month performance dropped to -41.13% while six-month performance fell -42.77%. The stock lost -41.61% in the past year, while it has lost -30.94% so far this year. A look at the trailing 12-month EPS for MBC yields 0.78 with Next year EPS estimates of 1.44. For the next quarter, that number is 0.39. This implies an EPS growth rate of -6.88% for this year and 13.18% for next year. EPS is expected to grow by 8.59% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 4.10%.
Float and Shares Shorts:
At present, 127.05 million MBC shares are outstanding with a float of 124.51 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 MBC since 1 analysts follow the stock currently. There are 1 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 $1.55011 being high and $1.51991 being low. For MBC, this leads to a yearly average estimate of $1.53501.
