With 0.98 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.59 million shares. The 52-week range on EMBC shows that it touched its highest point at $21.48 and its lowest point at $10.83 during that stretch. It currently has a 1-year price target of $19.75. With its current market cap of 695.82 million, EMBC has annualized dividend of $0.60 while the current yield stands at 5.01%. Beta for the stock currently stands at 1.20.
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 EMBC was down-trending over the past week, with a drop of -5.97%, but this was down by -5.38% over a month. Three-month performance dropped to -31.29% while six-month performance fell -20.04%. The stock gained 13.46% in the past year, while it has lost -42.03% so far this year. A look at the trailing 12-month EPS for EMBC yields 0.91 with Next year EPS estimates of 2.96. For the next quarter, that number is 0.77. This implies an EPS growth rate of 15.92% for this year and 4.08% for next year.
Float and Shares Shorts:
At present, 58.33 million EMBC shares are outstanding with a float of 53.55 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 EMBC since 1 analysts follow the stock currently. There are 0 analysts who recommend BUY ratings, while 1 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 $2.56274 being high and $2.28781 being low. For EMBC, this leads to a yearly average estimate of $2.386.
