With 111.99 million shares changed hands, the volume of the stock remained heavier than its average volume of 10.34 million shares. The 52-week range on IOVA shows that it touched its highest point at $13.60 and its lowest point at $2.70 during that stretch. It currently has a 1-year price target of $12.45. Beta for the stock currently stands at 1.07.
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 IOVA was down-trending over the past week, with a drop of -50.00%, but this was down by -46.48% over a month. Three-month performance dropped to -69.24% while six-month performance fell -84.99%. The stock lost -87.48% in the past year, while it has lost -76.35% so far this year. A look at the trailing 12-month EPS for IOVA yields -1.23 with Next year EPS estimates of -0.68. For the next quarter, that number is -0.29. This implies an EPS growth rate of 11.71% for this year and 39.94% for next year. EPS is expected to grow by 80.92% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 4.17%.
Float and Shares Shorts:
At present, 333.93 million IOVA shares are outstanding with a float of 270.44 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 IOVA since 8 analysts follow the stock currently. There are 6 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 2 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 -$0.89478 being high and -$1.38954 being low. For IOVA, this leads to a yearly average estimate of -$1.2948. Based on analyst estimates, the high estimate for the next quarter is -$0.13 and the low estimate is -$0.26. The average estimate for the next quarter is thus -$0.2.
