With 0.98 million shares changed hands, the volume of the stock remained lighter than its average volume of 0.98 million shares. The 52-week range on WEAV shows that it touched its highest point at $17.63 and its lowest point at $8.18 during that stretch. It currently has a 1-year price target of $14.14. Beta for the stock currently stands at 1.97.
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 WEAV was down-trending over the past week, with a drop of -1.97%, but this was up by 14.68% over a month. Three-month performance dropped to -39.06% while six-month performance fell -19.52%. The stock gained 25.69% in the past year, while it has lost -34.23% so far this year. A look at the trailing 12-month EPS for WEAV yields -0.41 with Next year EPS estimates of 0.14. For the next quarter, that number is 0.00. This implies an EPS growth rate of 9.23% for this year and 158.68% for next year. EPS is expected to grow by 84.01% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 5.67%.
Float and Shares Shorts:
At present, 74.91 million WEAV shares are outstanding with a float of 62.66 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 WEAV since 4 analysts follow the stock currently. There are 2 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 1 believe that the stock is worth HOLDING, 1 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 $0.05275375 being high and $0.04132589 being low. For WEAV, this leads to a yearly average estimate of $0.042203.
