With 3.45 million shares changed hands, the volume of the stock remained heavier than its average volume of 3.39 million shares. The 52-week range on FRSH shows that it touched its highest point at $19.77 and its lowest point at $10.81 during that stretch. It currently has a 1-year price target of $19.81. Beta for the stock currently stands at 0.99.
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 FRSH was up-trending over the past week, with a rise of 11.90%, but this was up by 27.53% over a month. Three-month performance dropped to -10.53% while six-month performance fell -4.99%. The stock gained 15.55% in the past year, while it has lost -1.18% so far this year. A look at the trailing 12-month EPS for FRSH yields -0.24 with Next year EPS estimates of 0.66. For the next quarter, that number is 0.11. This implies an EPS growth rate of 31.72% for this year and 16.38% for next year. EPS is expected to grow by 21.08% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 32.10%.
Float and Shares Shorts:
At present, 244.93 million FRSH shares are outstanding with a float of 183.77 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 FRSH since 12 analysts follow the stock currently. There are 7 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 5 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 $0.39477 being high and $0.3796 being low. For FRSH, this leads to a yearly average estimate of $0.38959.
