With 0.59 million shares changed hands, the volume of the stock remained lighter than its average volume of 0.77 million shares. The 52-week range on AZTA shows that it touched its highest point at $67.77 and its lowest point at $38.82 during that stretch. It currently has a 1-year price target of $52.20. Beta for the stock currently stands at 1.49.
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 AZTA was down-trending over the past week, with a drop of -0.96%, but this was down by -13.70% over a month. Three-month performance surged to 6.56% while six-month performance fell -9.86%. The stock lost -29.76% in the past year, while it has lost -9.16% so far this year. A look at the trailing 12-month EPS for AZTA yields -2.99 with Next year EPS estimates of 0.81. For the next quarter, that number is 0.07. This implies an EPS growth rate of 21.95% for this year and 61.43% for next year.
Float and Shares Shorts:
At present, 45.69 million AZTA shares are outstanding with a float of 44.87 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 AZTA since 3 analysts follow the stock currently. There are 2 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 $0.34415 being high and $0.33155 being low. For AZTA, this leads to a yearly average estimate of $0.33403. Based on analyst estimates, the high estimate for the next quarter is $0.18 and the low estimate is $0.08. The average estimate for the next quarter is thus $0.15.
