With 6.32 million shares changed hands, the volume of the stock remained lighter than its average volume of 8.04 million shares. The 52-week range on STM shows that it touched its highest point at $45.39 and its lowest point at $17.25 during that stretch. It currently has a 1-year price target of $26.65. With its current market cap of 23.15 billion, STM has annualized dividend of $0.36 while the current yield stands at 1.38%. Beta for the stock currently stands at 1.58.
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 STM was up-trending over the past week, with a rise of 15.88%, but this was up by 27.78% over a month. Three-month performance surged to 14.10% while six-month performance fell -3.69%. The stock lost -35.19% in the past year, while it has gained 4.65% so far this year. A look at the trailing 12-month EPS for STM yields 1.17 with Next year EPS estimates of 1.54. For the next quarter, that number is 0.09. This implies an EPS growth rate of -58.50% for this year and 123.72% for next year. EPS is expected to grow by 9.93% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 7.51%.
Float and Shares Shorts:
At present, 894.41 million STM shares are outstanding with a float of 885.89 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 STM since 6 analysts follow the stock currently. There are 3 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 $1.72161 being high and $1.6403 being low. For STM, this leads to a yearly average estimate of $1.6503.
