With 0.89 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.61 million shares. The 52-week range on OPRT shows that it touched its highest point at $9.24 and its lowest point at $2.37 during that stretch. It currently has a 1-year price target of $8.88. Beta for the stock currently stands at 1.18.
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 OPRT was up-trending over the past week, with a rise of 25.89%, but this was up by 46.51% over a month. Three-month performance surged to 24.95% while six-month performance rose 153.21%. The stock gained 83.84% in the past year, while it has gained 72.94% so far this year. A look at the trailing 12-month EPS for OPRT yields -1.12 with Next year EPS estimates of 1.68. For the next quarter, that number is 0.24. This implies an EPS growth rate of 69.64% for this year and 37.54% for next year.
Float and Shares Shorts:
At present, 37.50 million OPRT shares are outstanding with a float of 31.70 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 OPRT since 2 analysts follow the stock currently. There are 1 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 $0.3176 being high and $0.27223 being low. For OPRT, this leads to a yearly average estimate of $0.29038.
