With 0.51 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.45 million shares. The 52-week range on DSP shows that it touched its highest point at $26.33 and its lowest point at $8.62 during that stretch. It currently has a 1-year price target of $21.75. Beta for the stock currently stands at 1.18.
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 DSP was down-trending over the past week, with a drop of -0.07%, but this was up by 15.86% over a month. Three-month performance dropped to -38.69% while six-month performance rose 20.42%. The stock gained 68.11% in the past year, while it has lost -24.22% so far this year. A look at the trailing 12-month EPS for DSP yields 0.03 with Next year EPS estimates of 0.26. For the next quarter, that number is 0.01. This implies an EPS growth rate of 10.87% for this year and 68.25% for next year. EPS is expected to grow by 49.63% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of -24.76%.
Float and Shares Shorts:
At present, 16.42 million DSP shares are outstanding with a float of 14.43 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 DSP since 3 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, 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 $0.17617 being high and $0.15869 being low. For DSP, this leads to a yearly average estimate of $0.168. Based on analyst estimates, the high estimate for the next quarter is $0.22 and the low estimate is $0.13. The average estimate for the next quarter is thus $0.16.
