With 48.95 million shares changed hands, the volume of the stock remained lighter than its average volume of 51.18 million shares. During the session, the Credit Services company that operates in wider Financial sector, reached to the highest price of $16.0899 whereas the lowest price it dropped to was $15.52. The 52-week range on SOFI shows that it touched its highest point at $15.75 and its lowest point at $6.01 during that stretch. It currently has a 1-year price target of $10.12. Beta for the stock currently stands at 1.72.
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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 SOFI was up-trending over the past week, with a rise of 12.71%, but this was up by 42.86% over a month. Three-month performance surged to 102.06% while six-month performance rose 127.87%. The stock gained 128.86% in the past year, while it has gained 57.79% so far this year. A look at the trailing 12-month EPS for SOFI yields 0.12 with Next year EPS estimates of 0.28. For the next quarter, that number is 0.04. This implies an EPS growth rate of 133.28% for this year and 135.11% for next year.
Float and Shares Shorts:
At present, 1.09 billion SOFI shares are outstanding with a float of 1.03 billion shares on hand for trading. On 2024-10-31, short shares totaled 162.31 million, which was 1496.0 higher than short shares on 1727654400. In addition to Mr. George Thompson Hutton as the firm’s Independent Non Executive Chairman, Mr. Anthony J. Noto serves as its CEO & Director.
Institutional Ownership:
Through their ownership of 0.46643 of SOFI’s outstanding shares, institutional investors have minority control over the company.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for SOFI since 14 analysts follow the stock currently. There are 5 analysts who recommend BUY ratings, while 2 suggest SELL ratings. Of the remaining analysts, 7 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 SOFI analysts setting a high price target of 16.0 and a low target of 4.0, the average target price over the next 12 months is 10.13333. Based on these targets, SOFI could surge 1.91% to reach the target high and fall by -74.52% to reach the target low. Reaching the average price target will result in a decline of -35.46% from current levels.
Analysts have provided yearly estimates in a range of $0.13977 being high and $0.09983333 being low. For SOFI, this leads to a yearly average estimate of $0.1198. The surprise factor in the prior quarter was $0.01. Based on analyst estimates, the high estimate for the next quarter is $0.05 and the low estimate is $0.04. The average estimate for the next quarter is thus $0.05.
