With 2.18 million shares changed hands, the volume of the stock remained heavier than its average volume of 1.64 million shares. The 52-week range on OPFI shows that it touched its highest point at $17.73 and its lowest point at $2.25 during that stretch. It currently has a 1-year price target of $10.00. Beta for the stock currently stands at 1.56.
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 OPFI was down-trending over the past week, with a drop of -22.53%, but this was up by 5.44% over a month. Three-month performance surged to 76.86% while six-month performance rose 159.96%. The stock gained 224.88% in the past year, while it has gained 51.70% so far this year. A look at the trailing 12-month EPS for OPFI yields 0.16 with Next year EPS estimates of 0.92. For the next quarter, that number is 0.15. This implies an EPS growth rate of 69.28% for this year and 6.95% for next year.
Float and Shares Shorts:
At present, 20.58 million OPFI shares are outstanding with a float of 19.59 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 OPFI since 1 analysts follow the stock currently. There are 1 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 $0.87997 being high and $0.85243 being low. For OPFI, this leads to a yearly average estimate of $0.86333. Based on analyst estimates, the high estimate for the next quarter is $0.18 and the low estimate is $0.12. The average estimate for the next quarter is thus $0.14.
