With 4.25 million shares changed hands, the volume of the stock remained heavier than its average volume of 2.21 million shares. The 52-week range on INFA shows that it touched its highest point at $39.80 and its lowest point at $16.37 during that stretch. It currently has a 1-year price target of $20.57. Beta for the stock currently stands at 0.97.
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 INFA was down-trending over the past week, with a drop of -22.52%, but this was down by -18.29% over a month. Three-month performance dropped to -21.14% while six-month performance fell -17.03%. The stock lost -41.36% in the past year, while it has lost -23.18% so far this year. A look at the trailing 12-month EPS for INFA yields 0.03 with Next year EPS estimates of 1.34. For the next quarter, that number is 0.24. This implies an EPS growth rate of 8.84% for this year and 8.00% for next year.
Float and Shares Shorts:
At present, 259.49 million INFA shares are outstanding with a float of 173.42 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 INFA since 7 analysts follow the stock currently. There are 4 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 3 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 $1.11553 being high and $1.07533 being low. For INFA, this leads to a yearly average estimate of $1.10548. Based on analyst estimates, the high estimate for the next quarter is $0.32 and the low estimate is $0.23. The average estimate for the next quarter is thus $0.27.
