With 2.64 million shares changed hands, the volume of the stock remained heavier than its average volume of 2.46 million shares. The 52-week range on AMX shows that it touched its highest point at $20.31 and its lowest point at $13.10 during that stretch. It currently has a 1-year price target of $19.19. With its current market cap of 52.76 billion, AMX has annualized dividend of $0.51 while the current yield stands at 2.94%. Beta for the stock currently stands at 0.75.
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 AMX was up-trending over the past week, with a rise of 0.17%, but this was up by 21.49% over a month. Three-month performance surged to 17.12% while six-month performance rose 8.63%. The stock lost -14.53% in the past year, while it has gained 20.48% so far this year. A look at the trailing 12-month EPS for AMX yields 0.54 with Next year EPS estimates of 1.74. For the next quarter, that number is 0.36. This implies an EPS growth rate of 228.45% for this year and 13.98% for next year. EPS is expected to grow by 62.41% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of -13.98%.
Float and Shares Shorts:
At present, 3.06 billion AMX shares are outstanding with a float of 3.06 billion 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 AMX since 10 analysts follow the stock currently. There are 9 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 $19.12856 being high and $17.86746 being low. For AMX, this leads to a yearly average estimate of $18.13021.
