With 1.0 million shares changed hands, the volume of the stock remained lighter than its average volume of 2.87 million shares. The 52-week range on SLDB shows that it touched its highest point at $10.46 and its lowest point at $2.45 during that stretch. It currently has a 1-year price target of $15.90. Beta for the stock currently stands at 2.16.
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 SLDB was down-trending over the past week, with a drop of -6.50%, but this was down by -4.07% over a month. Three-month performance dropped to -34.26% while six-month performance fell -56.76%. The stock lost -73.44% in the past year, while it has lost -35.25% so far this year. A look at the trailing 12-month EPS for SLDB yields -3.04 with Next year EPS estimates of -2.20. For the next quarter, that number is -0.54. This implies an EPS growth rate of 25.43% for this year and 3.52% for next year. EPS is expected to grow by 18.80% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 41.25%.
Float and Shares Shorts:
At present, 77.50 million SLDB shares are outstanding with a float of 64.41 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 SLDB since 6 analysts follow the stock currently. There are 6 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 -$2.75109 being high and -$3.0717 being low. For SLDB, this leads to a yearly average estimate of -$2.93725. Based on analyst estimates, the high estimate for the next quarter is -$0.37 and the low estimate is -$0.74. The average estimate for the next quarter is thus -$0.51.
