With 3.46 million shares changed hands, the volume of the stock remained heavier than its average volume of 3.31 million shares. The 52-week range on BN shows that it touched its highest point at $62.78 and its lowest point at $39.97 during that stretch. It currently has a 1-year price target of $64.53. With its current market cap of 86.34 billion, BN has annualized dividend of $0.33 while the current yield stands at 0.57%. Beta for the stock currently stands at 1.68.
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 BN was up-trending over the past week, with a rise of 6.53%, but this was up by 28.91% over a month. Three-month performance dropped to -4.08% while six-month performance rose 6.96%. The stock gained 31.89% in the past year, while it has gained 0.28% so far this year. A look at the trailing 12-month EPS for BN yields 0.30 with Next year EPS estimates of 4.66. For the next quarter, that number is 0.94. This implies an EPS growth rate of -2.81% for this year and 20.97% for next year. EPS is expected to grow by 10.86% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of -29.74%.
Float and Shares Shorts:
At present, 1.51 billion BN shares are outstanding with a float of 1.24 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 BN since 4 analysts follow the stock currently. There are 2 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 2 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 $3.61475 being high and $3.5492 being low. For BN, this leads to a yearly average estimate of $3.58666. Based on analyst estimates, the high estimate for the next quarter is $0.39 and the low estimate is $0.38. The average estimate for the next quarter is thus $0.38.
