Take off with Evolus Inc (EOLS): Get ready for trading

With 1.54 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.88 million shares. The 52-week range on EOLS shows that it touched its highest point at $17.82 and its lowest point at $8.67 during that stretch. It currently has a 1-year price target of $23.57. Beta for the stock currently stands at 1.10.

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 EOLS was down-trending over the past week, with a drop of -16.90%, but this was up by 6.00% over a month. Three-month performance dropped to -23.87% while six-month performance fell -40.63%. The stock lost -24.74% in the past year, while it has lost -9.60% so far this year. A look at the trailing 12-month EPS for EOLS yields -0.89 with Next year EPS estimates of 0.58. For the next quarter, that number is -0.09. This implies an EPS growth rate of 24.40% for this year and 404.75% for next year.

Float and Shares Shorts:

At present, 64.45 million EOLS shares are outstanding with a float of 56.89 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 EOLS since 3 analysts follow the stock currently. There are 3 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 0 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 -$0.2618 being high and -$0.27721 being low. For EOLS, this leads to a yearly average estimate of -$0.27.