With 1.64 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.81 million shares. The 52-week range on RRX shows that it touched its highest point at $185.28 and its lowest point at $90.56 during that stretch. It currently has a 1-year price target of $157.40. With its current market cap of 8.62 billion, RRX has annualized dividend of $1.40 while the current yield stands at 1.08%. Beta for the stock currently stands at 1.09.
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 RRX was up-trending over the past week, with a rise of 22.73%, but this was up by 35.62% over a month. Three-month performance dropped to -16.23% while six-month performance fell -23.15%. The stock lost -21.31% in the past year, while it has lost -16.26% so far this year. A look at the trailing 12-month EPS for RRX yields 3.51 with Next year EPS estimates of 11.33. For the next quarter, that number is 2.43. This implies an EPS growth rate of 7.15% for this year and 15.94% for next year. EPS is expected to grow by 11.07% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of -12.27%.
Float and Shares Shorts:
At present, 66.30 million RRX shares are outstanding with a float of 65.86 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 RRX since 6 analysts follow the stock currently. There are 6 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 $9.35538 being high and $9.2053 being low. For RRX, this leads to a yearly average estimate of $9.24532.
