With 18.32 million shares changed hands, the volume of the stock remained heavier than its average volume of 13.72 million shares. The 52-week range on CX shows that it touched its highest point at $8.10 and its lowest point at $4.89 during that stretch. It currently has a 1-year price target of $8.05. Beta for the stock currently stands at 1.40.
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 CX was up-trending over the past week, with a rise of 5.90%, but this was up by 27.17% over a month. Three-month performance dropped to -4.72% while six-month performance rose 24.95%. The stock lost -19.05% in the past year, while it has gained 14.54% so far this year. A look at the trailing 12-month EPS for CX yields 0.96 with Next year EPS estimates of 0.73. For the next quarter, that number is 0.18. This implies an EPS growth rate of 30.68% for this year and -8.36% for next year. EPS is expected to grow by 11.83% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 60.47%.
Float and Shares Shorts:
At present, 1.51 billion CX shares are outstanding with a float of 1.51 billion 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 CX since 3 analysts follow the stock currently. There are 3 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 $16.7645 being high and $13.01455 being low. For CX, this leads to a yearly average estimate of $14.77923.
