With 0.91 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.91 million shares. The 52-week range on ZNTL shows that it touched its highest point at $13.24 and its lowest point at $1.01 during that stretch. It currently has a 1-year price target of $6.40. Beta for the stock currently stands at 1.69.
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 ZNTL was down-trending over the past week, with a drop of -13.10%, but this was up by 21.15% over a month. Three-month performance dropped to -41.67% while six-month performance fell -66.22%. The stock lost -89.25% in the past year, while it has lost -58.42% so far this year. A look at the trailing 12-month EPS for ZNTL yields -2.33 with Next year EPS estimates of -2.17. For the next quarter, that number is -0.64. This implies an EPS growth rate of 0.41% for this year and 6.42% for next year. EPS is expected to grow by 5.75% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of -12.89%.
Float and Shares Shorts:
At present, 71.28 million ZNTL shares are outstanding with a float of 54.08 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 ZNTL since 10 analysts follow the stock currently. There are 5 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 5 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 -$2.2891 being high and -$2.70622 being low. For ZNTL, this leads to a yearly average estimate of -$2.46205. Based on analyst estimates, the high estimate for the next quarter is -$0.44 and the low estimate is -$1.09. The average estimate for the next quarter is thus -$0.62.
