With 1.06 million shares changed hands, the volume of the stock remained lighter than its average volume of 1.26 million shares. The 52-week range on ATEN shows that it touched its highest point at $21.90 and its lowest point at $12.27 during that stretch. It currently has a 1-year price target of $22.50. With its current market cap of 1.22 billion, ATEN has annualized dividend of $0.24 while the current yield stands at 1.42%. Beta for the stock currently stands at 1.39.
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 ATEN was up-trending over the past week, with a rise of 2.73%, but this was up by 13.57% over a month. Three-month performance dropped to -17.71% while six-month performance rose 16.94%. The stock gained 8.75% in the past year, while it has lost -8.10% so far this year. A look at the trailing 12-month EPS for ATEN yields 0.67 with Next year EPS estimates of 0.98. For the next quarter, that number is 0.20. This implies an EPS growth rate of 0.00% for this year and 14.51% for next year.
Float and Shares Shorts:
At present, 71.82 million ATEN shares are outstanding with a float of 69.76 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 ATEN since 1 analysts follow the stock currently. There are 0 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 1 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 $0.79912 being high and $0.76286 being low. For ATEN, this leads to a yearly average estimate of $0.7785.
