With 0.64 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.45 million shares. The 52-week range on CXT shows that it touched its highest point at $67.00 and its lowest point at $41.54 during that stretch. It currently has a 1-year price target of $74.33. With its current market cap of 2.92 billion, CXT has annualized dividend of $0.65 while the current yield stands at 1.28%. Beta for the stock currently stands at 1.28.
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 CXT was up-trending over the past week, with a rise of 8.40%, but this was up by 20.13% over a month. Three-month performance dropped to -20.49% while six-month performance fell -4.48%. The stock lost -17.86% in the past year, while it has lost -12.47% so far this year. A look at the trailing 12-month EPS for CXT yields 2.90 with Next year EPS estimates of 4.91. For the next quarter, that number is 1.06. This implies an EPS growth rate of 4.46% for this year and 10.34% for next year. EPS is expected to grow by 8.16% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 7.68%.
Float and Shares Shorts:
At present, 57.36 million CXT shares are outstanding with a float of 49.05 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 CXT 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 $4.29522 being high and $4.25517 being low. For CXT, this leads to a yearly average estimate of $4.26518.
