With 0.6 million shares changed hands, the volume of the stock remained lighter than its average volume of 0.72 million shares. The 52-week range on ADEA shows that it touched its highest point at $17.46 and its lowest point at $9.68 during that stretch. It currently has a 1-year price target of $17.33. With its current market cap of 1.47 billion, ADEA has annualized dividend of $0.20 while the current yield stands at 1.48%. Beta for the stock currently stands at 2.40.
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 ADEA was up-trending over the past week, with a rise of 9.30%, but this was up by 18.82% over a month. Three-month performance surged to 5.79% while six-month performance rose 7.74%. The stock gained 35.24% in the past year, while it has lost -3.36% so far this year. A look at the trailing 12-month EPS for ADEA yields 0.67 with Next year EPS estimates of 1.46. For the next quarter, that number is 0.26. This implies an EPS growth rate of 8.84% for this year and 6.10% for next year.
Float and Shares Shorts:
At present, 108.44 million ADEA shares are outstanding with a float of 106.45 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 ADEA 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 $1.22348 being high and $1.21309 being low. For ADEA, this leads to a yearly average estimate of $1.22.
