With 1.29 million shares changed hands, the volume of the stock remained lighter than its average volume of 1.32 million shares. The 52-week range on CLMT shows that it touched its highest point at $25.29 and its lowest point at $7.68 during that stretch. It currently has a 1-year price target of $19.20. Beta for the stock currently stands at 0.83.
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 CLMT was up-trending over the past week, with a rise of 18.20%, but this was up by 43.47% over a month. Three-month performance dropped to -18.81% while six-month performance fell -33.06%. The stock lost -18.56% in the past year, while it has lost -40.42% so far this year. A look at the trailing 12-month EPS for CLMT yields -4.00 with Next year EPS estimates of -0.09. For the next quarter, that number is -0.29. This implies an EPS growth rate of 15.97% for this year and 95.97% for next year.
Float and Shares Shorts:
At present, 86.62 million CLMT shares are outstanding with a float of 68.80 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 CLMT 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 -$2.20956 being high and -$3.53547 being low. For CLMT, this leads to a yearly average estimate of -$2.90828.
