With 0.78 million shares changed hands, the volume of the stock remained lighter than its average volume of 0.78 million shares. The 52-week range on GIL shows that it touched its highest point at $55.39 and its lowest point at $35.39 during that stretch. It currently has a 1-year price target of $57.86. With its current market cap of 7.40 billion, GIL has annualized dividend of $0.86 while the current yield stands at 1.76%. Beta for the stock currently stands at 1.22.
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 GIL was down-trending over the past week, with a drop of -0.85%, but this was up by 14.78% over a month. Three-month performance dropped to -9.69% while six-month performance rose 0.60%. The stock gained 36.65% in the past year, while it has gained 3.97% so far this year. A look at the trailing 12-month EPS for GIL yields 2.58 with Next year EPS estimates of 3.85. For the next quarter, that number is 0.95. This implies an EPS growth rate of 15.49% for this year and 11.10% for next year. EPS is expected to grow by 10.48% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 14.09%.
Float and Shares Shorts:
At present, 151.53 million GIL shares are outstanding with a float of 149.29 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 GIL since 5 analysts follow the stock currently. There are 4 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 $3.00424 being high and $2.96404 being low. For GIL, this leads to a yearly average estimate of $2.98414.
