Perhaps timely catching Twist Bioscience Corp (TWST) would be a good idea

With 1.16 million shares changed hands, the volume of the stock remained lighter than its average volume of 1.21 million shares. The 52-week range on TWST shows that it touched its highest point at $60.90 and its lowest point at $31.56 during that stretch. It currently has a 1-year price target of $48.55. Beta for the stock currently stands at 2.52.

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 TWST was down-trending over the past week, with a drop of -21.46%, but this was down by -23.47% over a month. Three-month performance dropped to -41.07% while six-month performance fell -28.56%. The stock lost -28.54% in the past year, while it has lost -33.68% so far this year. A look at the trailing 12-month EPS for TWST yields -3.26 with Next year EPS estimates of -1.36. For the next quarter, that number is -0.52. This implies an EPS growth rate of 41.16% for this year and 35.56% for next year. EPS is expected to grow by 38.71% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 1.70%.

Float and Shares Shorts:

At present, 59.86 million TWST shares are outstanding with a float of 56.63 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 TWST since 7 analysts follow the stock currently. There are 7 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 -$3.69739 being high and -$3.72721 being low. For TWST, this leads to a yearly average estimate of -$3.71727. Based on analyst estimates, the high estimate for the next quarter is -$0.43 and the low estimate is -$0.52. The average estimate for the next quarter is thus -$0.48.