With 1.03 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.5 million shares. The 52-week range on DAVE shows that it touched its highest point at $153.31 and its lowest point at $28.31 during that stretch. It currently has a 1-year price target of $182.00. Beta for the stock currently stands at 3.55.
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 DAVE was up-trending over the past week, with a rise of 59.68%, but this was up by 91.55% over a month. Three-month performance surged to 62.33% while six-month performance rose 344.03%. The stock gained 219.73% in the past year, while it has gained 92.38% so far this year. A look at the trailing 12-month EPS for DAVE yields 3.63 with Next year EPS estimates of 7.28. For the next quarter, that number is 1.41. This implies an EPS growth rate of 45.68% for this year and 19.27% for next year.
Float and Shares Shorts:
At present, 11.78 million DAVE shares are outstanding with a float of 9.42 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 DAVE since 3 analysts follow the stock currently. There are 3 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 $3.83187 being high and $3.29938 being low. For DAVE, this leads to a yearly average estimate of $3.61333.