With 0.52 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.17 million shares. The 52-week range on CQP shows that it touched its highest point at $68.42 and its lowest point at $46.61 during that stretch. It currently has a 1-year price target of $56.21. With its current market cap of 27.60 billion, CQP has annualized dividend of $3.25 while the current yield stands at 5.70%. Beta for the stock currently stands at 0.43.
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 CQP was down-trending over the past week, with a drop of -2.58%, but this was up by 1.99% over a month. Three-month performance dropped to -8.91% while six-month performance rose 18.43%. The stock gained 12.56% in the past year, while it has gained 7.42% so far this year. A look at the trailing 12-month EPS for CQP yields 3.47 with Next year EPS estimates of 4.37. For the next quarter, that number is 1.01. This implies an EPS growth rate of 1.85% for this year and 0.97% for next year. EPS is expected to decline by -0.71% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 13.75%.
Float and Shares Shorts:
At present, 484.00 million CQP shares are outstanding with a float of 243.72 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 CQP since 5 analysts follow the stock currently. There are 2 analysts who recommend BUY ratings, while 2 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 $4.56 being high and $4.18 being low. For CQP, this leads to a yearly average estimate of $4.29.
