With 7.83 million shares changed hands, the volume of the stock remained heavier than its average volume of 3.62 million shares. The 52-week range on TXG shows that it touched its highest point at $28.25 and its lowest point at $6.78 during that stretch. It currently has a 1-year price target of $13.30. Beta for the stock currently stands at 1.96.
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 TXG was up-trending over the past week, with a rise of 4.03%, but this was up by 1.15% over a month. Three-month performance dropped to -38.46% while six-month performance fell -49.42%. The stock lost -66.45% in the past year, while it has lost -38.93% so far this year. A look at the trailing 12-month EPS for TXG yields -1.30 with Next year EPS estimates of -1.04. For the next quarter, that number is -0.38. This implies an EPS growth rate of 13.79% for this year and 20.39% for next year. EPS is expected to grow by 21.17% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of -36.10%.
Float and Shares Shorts:
At present, 109.08 million TXG shares are outstanding with a float of 101.85 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 TXG since 8 analysts follow the stock currently. There are 3 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 5 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 -$1.33369 being high and -$1.47199 being low. For TXG, this leads to a yearly average estimate of -$1.41272. Based on analyst estimates, the high estimate for the next quarter is -$0.05 and the low estimate is -$0.1. The average estimate for the next quarter is thus -$0.08.
