With 0.71 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.55 million shares. The 52-week range on OBE shows that it touched its highest point at $8.25 and its lowest point at $3.88 during that stretch. It currently has a 1-year price target of $6.26. Beta for the stock currently stands at 0.54.
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 OBE was up-trending over the past week, with a rise of 2.13%, but this was up by 4.85% over a month. Three-month performance dropped to -16.92% while six-month performance fell -28.00%. The stock lost -45.73% in the past year, while it has lost -25.39% so far this year. A look at the trailing 12-month EPS for OBE yields -1.95 with Next year EPS estimates of 0.36.
Float and Shares Shorts:
At present, 72.87 million OBE shares are outstanding with a float of 68.44 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 OBE since 0 analysts follow the stock currently. There are 0 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 0 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 $1.80551 being high and $1.79393 being low. For OBE, this leads to a yearly average estimate of $1.79972. Based on analyst estimates, the high estimate for the next quarter is $0 and the low estimate is $0. The average estimate for the next quarter is thus $0.
