With 0.75 million shares changed hands, the volume of the stock remained lighter than its average volume of 0.77 million shares. The 52-week range on ACLS shows that it touched its highest point at $158.61 and its lowest point at $40.40 during that stretch. It currently has a 1-year price target of $66.50. Beta for the stock currently stands at 1.50.
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 ACLS was up-trending over the past week, with a rise of 19.85%, but this was up by 37.91% over a month. Three-month performance dropped to -10.08% while six-month performance fell -30.88%. The stock lost -48.11% in the past year, while it has lost -15.76% so far this year. A look at the trailing 12-month EPS for ACLS yields 5.46 with Next year EPS estimates of 3.28. For the next quarter, that number is 0.55. This implies an EPS growth rate of -58.13% for this year and 27.55% for next year.
Float and Shares Shorts:
At present, 32.13 million ACLS shares are outstanding with a float of 31.60 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 ACLS since 7 analysts follow the stock currently. There are 6 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 $6.10988 being high and $5.84626 being low. For ACLS, this leads to a yearly average estimate of $5.85625. Based on analyst estimates, the high estimate for the next quarter is $0.78 and the low estimate is $0.47. The average estimate for the next quarter is thus $0.7.
