With 3.91 million shares changed hands, the volume of the stock remained lighter than its average volume of 5.2 million shares. The 52-week range on OGN shows that it touched its highest point at $23.10 and its lowest point at $8.05 during that stretch. It currently has a 1-year price target of $17.17. With its current market cap of 2.26 billion, OGN has annualized dividend of $1.12 while the current yield stands at 12.86%. Beta for the stock currently stands at 0.67.
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 OGN was down-trending over the past week, with a drop of -9.18%, but this was down by -31.09% over a month. Three-month performance dropped to -40.42% while six-month performance fell -47.08%. The stock lost -57.30% in the past year, while it has lost -41.62% so far this year. A look at the trailing 12-month EPS for OGN yields 2.89 with Next year EPS estimates of 4.00. For the next quarter, that number is 0.92. This implies an EPS growth rate of -5.57% for this year and 2.97% for next year. EPS is expected to decline by -0.14% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of -23.49%.
Float and Shares Shorts:
At present, 259.96 million OGN shares are outstanding with a float of 259.02 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 OGN since 3 analysts follow the stock currently. There are 2 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 1 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 $4.14913 being high and $4.07846 being low. For OGN, this leads to a yearly average estimate of $4.10875.
