With 0.7 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.62 million shares. The 52-week range on HRI shows that it touched its highest point at $246.88 and its lowest point at $96.18 during that stretch. It currently has a 1-year price target of $162.00. With its current market cap of 3.52 billion, HRI has annualized dividend of $2.69 while the current yield stands at 2.18%. Beta for the stock currently stands at 1.88.
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 HRI was up-trending over the past week, with a rise of 10.76%, but this was up by 9.69% over a month. Three-month performance dropped to -41.01% while six-month performance fell -40.33%. The stock lost -16.47% in the past year, while it has lost -34.76% so far this year. A look at the trailing 12-month EPS for HRI yields 4.49 with Next year EPS estimates of 15.02. For the next quarter, that number is 2.59. This implies an EPS growth rate of -3.36% for this year and 20.67% for next year. EPS is expected to grow by 10.42% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 35.31%.
Float and Shares Shorts:
At present, 28.50 million HRI shares are outstanding with a float of 28.09 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 HRI since 4 analysts follow the stock currently. There are 4 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 $13.34314 being high and $13.25438 being low. For HRI, this leads to a yearly average estimate of $13.30369.
