With 14.45 million shares changed hands, the volume of the stock remained lighter than its average volume of 27.63 million shares. The 52-week range on ACHR shows that it touched its highest point at $12.48 and its lowest point at $2.82 during that stretch. It currently has a 1-year price target of $11.39. Beta for the stock currently stands at 3.13.
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 ACHR was down-trending over the past week, with a drop of -5.17%, but this was up by 18.57% over a month. Three-month performance dropped to -2.33% while six-month performance rose 171.08%. The stock gained 128.24% in the past year, while it has lost -9.64% so far this year. A look at the trailing 12-month EPS for ACHR yields -1.43 with Next year EPS estimates of -0.92. For the next quarter, that number is -0.28. This implies an EPS growth rate of 26.75% for this year and 11.93% for next year. EPS is expected to grow by 15.25% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of -60.86%.
Float and Shares Shorts:
At present, 503.78 million ACHR shares are outstanding with a float of 412.32 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 ACHR since 4 analysts follow the stock currently. There are 3 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 -$0.95236 being high and -$1.49997 being low. For ACHR, this leads to a yearly average estimate of -$1.23807.
