With 3.11 million shares changed hands, the volume of the stock remained heavier than its average volume of 1.27 million shares. During the session, the Diagnostics & Research company that operates in wider Healthcare sector, reached to the highest price of $13.12 whereas the lowest price it dropped to was $12.3075. The 52-week range on SHC shows that it touched its highest point at $17.44 and its lowest point at $10.71 during that stretch. It currently has a 1-year price target of $17.14. Beta for the stock currently stands at 2.02.
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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 SHC was down-trending over the past week, with a drop of -17.21%, but this was down by -19.94% over a month. Three-month performance dropped to -19.52% while six-month performance rose 10.90%. The stock lost -9.08% in the past year, while it has lost -26.35% so far this year. A look at the trailing 12-month EPS for SHC yields 0.25 with Next year EPS estimates of 0.80. For the next quarter, that number is 0.21. This implies an EPS growth rate of -13.55% for this year and 14.17% for next year.
Float and Shares Shorts:
At present, 282.83 million SHC shares are outstanding with a float of 152.71 million shares on hand for trading. On 2024-10-31, short shares totaled 8.98 million, which was 317.0 higher than short shares on 1727654400. In addition to Mr. Michael B. Petras Jr. as the firm’s Chairman & CEO, Mr. Jonathan M. Lyons serves as its Senior VP & CFO.
Institutional Ownership:
Through their ownership of 0.94617 of SHC’s outstanding shares, institutional investors have minority control over the company.
An Overview of Recent Financials:
Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-09-30, SHC reported revenue of $285468000.0 and operating income of $80507000.0. The EBITDA in the recently reported quarter was $126407000.0 and diluted EPS was $0.06.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for SHC since 11 analysts follow the stock currently. There are 6 analysts who recommend BUY ratings, while 1 suggest SELL ratings. Of the remaining analysts, 4 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. With SHC analysts setting a high price target of 20.0 and a low target of 13.0, the average target price over the next 12 months is 17.14286. Based on these targets, SHC could surge 61.16% to reach the target high and rise by 4.75% to reach the target low. Reaching the average price target will result in a growth of 38.14% from current levels.
Analysts have provided yearly estimates in a range of $0.7128 being high and $0.69733 being low. For SHC, this leads to a yearly average estimate of $0.70276. The surprise factor in the prior quarter was $0.16. Based on analyst estimates, the high estimate for the next quarter is $0.15 and the low estimate is $0.12. The average estimate for the next quarter is thus $0.14.
