With 1.01 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 CPRX shows that it touched its highest point at $26.16 and its lowest point at $14.75 during that stretch. It currently has a 1-year price target of $34.00. Beta for the stock currently stands at 0.70.
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 CPRX was up-trending over the past week, with a rise of 4.48%, but this was up by 2.37% over a month. Three-month performance surged to 2.24% while six-month performance rose 1.41%. The stock gained 46.61% in the past year, while it has gained 13.94% so far this year. A look at the trailing 12-month EPS for CPRX yields 1.57 with Next year EPS estimates of 1.69. For the next quarter, that number is 0.40. This implies an EPS growth rate of 16.67% for this year and 10.69% for next year. EPS is expected to grow by 12.70% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 34.27%.
Float and Shares Shorts:
At present, 121.96 million CPRX shares are outstanding with a float of 109.92 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 CPRX since 3 analysts follow the stock currently. There are 3 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 0 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 $1.22763 being high and $1.18591 being low. For CPRX, this leads to a yearly average estimate of $1.21571.
