With 3.33 million shares changed hands, the volume of the stock remained lighter than its average volume of 3.69 million shares. The 52-week range on EDIT shows that it touched its highest point at $6.69 and its lowest point at $0.91 during that stretch. It currently has a 1-year price target of $3.89. Beta for the stock currently stands at 2.12.
Price Performance and Earnings:
Three-month performance surged to 28.33% while six-month performance fell -53.05%. The stock lost -69.41% in the past year, while it has gained 21.26% so far this year. A look at the trailing 12-month EPS for EDIT yields -2.88 with Next year EPS estimates of -1.11. For the next quarter, that number is -0.41. This implies an EPS growth rate of 46.82% for this year and 27.43% for next year. EPS is expected to grow by 23.95% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of -1.48%.
Float and Shares Shorts:
At present, 83.71 million EDIT shares are outstanding with a float of 82.93 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 EDIT since 9 analysts follow the stock currently. There are 6 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 3 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 -$2.3218 being high and -$3.03926 being low. For EDIT, this leads to a yearly average estimate of -$2.70046.
