Does Kura Oncology Inc (KURA) offer a good opportunity for investors?

With 1.0 million shares changed hands, the volume of the stock remained lighter than its average volume of 1.29 million shares. The 52-week range on KURA shows that it touched its highest point at $23.48 and its lowest point at $5.41 during that stretch. It currently has a 1-year price target of $26.25. Beta for the stock currently stands at 0.45.

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 KURA was down-trending over the past week, with a drop of -7.55%, but this was up by 6.76% over a month. Three-month performance dropped to -31.97% while six-month performance fell -66.31%. The stock lost -71.44% in the past year, while it has lost -31.11% so far this year. A look at the trailing 12-month EPS for KURA yields -2.09 with Next year EPS estimates of -1.84. For the next quarter, that number is -0.18. This implies an EPS growth rate of 9.69% for this year and -1.13% for next year. EPS is expected to grow by 7.05% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of -6.05%.

Float and Shares Shorts:

At present, 86.57 million KURA shares are outstanding with a float of 80.79 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 KURA 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 -$2.19936 being high and -$2.57094 being low. For KURA, this leads to a yearly average estimate of -$2.45043.