With 0.51 million shares changed hands, the volume of the stock remained lighter than its average volume of 0.68 million shares. The 52-week range on RRR shows that it touched its highest point at $61.73 and its lowest point at $35.09 during that stretch. It currently has a 1-year price target of $50.42. With its current market cap of 4.68 billion, RRR has annualized dividend of $1.00 while the current yield stands at 2.26%. Beta for the stock currently stands at 1.61.
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 RRR was up-trending over the past week, with a rise of 4.47%, but this was up by 17.45% over a month. Three-month performance dropped to -9.66% while six-month performance fell -13.51%. The stock lost -18.57% in the past year, while it has lost -4.50% so far this year. A look at the trailing 12-month EPS for RRR yields 2.28 with Next year EPS estimates of 1.77. For the next quarter, that number is 0.40. This implies an EPS growth rate of 7.70% for this year and 10.32% for next year.
Float and Shares Shorts:
At present, 60.06 million RRR shares are outstanding with a float of 50.81 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 RRR since 9 analysts follow the stock currently. There are 6 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 3 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 $1.58199 being high and $1.48707 being low. For RRR, this leads to a yearly average estimate of $1.51871.
