With 19.9 million shares changed hands, the volume of the stock remained heavier than its average volume of 10.87 million shares. The 52-week range on AVTR shows that it touched its highest point at $28.00 and its lowest point at $11.82 during that stretch. It currently has a 1-year price target of $16.87. Beta for the stock currently stands at 1.05.
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 AVTR was up-trending over the past week, with a rise of 11.02%, but this was down by -12.61% over a month. Three-month performance dropped to -27.68% while six-month performance fell -42.15%. The stock lost -46.31% in the past year, while it has lost -36.88% so far this year. A look at the trailing 12-month EPS for AVTR yields 1.05 with Next year EPS estimates of 1.14. For the next quarter, that number is 0.25. This implies an EPS growth rate of 3.82% for this year and 10.98% for next year.
Float and Shares Shorts:
At present, 681.50 million AVTR shares are outstanding with a float of 663.87 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 AVTR since 10 analysts follow the stock currently. There are 8 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 2 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 $0.99138 being high and $0.97136 being low. For AVTR, this leads to a yearly average estimate of $0.98137. Based on analyst estimates, the high estimate for the next quarter is $0.29 and the low estimate is $0.24. The average estimate for the next quarter is thus $0.26.
