With 0.66 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.27 million shares. The 52-week range on AIP shows that it touched its highest point at $12.64 and its lowest point at $5.76 during that stretch. It currently has a 1-year price target of $13.75. Beta for the stock currently stands at 1.17.
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 AIP was up-trending over the past week, with a rise of 5.05%, but this was down by -12.98% over a month. Three-month performance surged to 25.82% while six-month performance rose 32.67%. The stock gained 28.08% in the past year, while it has lost -1.96% so far this year. A look at the trailing 12-month EPS for AIP yields -0.87 with Next year EPS estimates of -0.10. For the next quarter, that number is -0.12. This implies an EPS growth rate of 11.31% for this year and 72.83% for next year.
Float and Shares Shorts:
At present, 40.72 million AIP shares are outstanding with a float of 26.16 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 AIP 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 -$0.43673 being high and -$0.47739 being low. For AIP, this leads to a yearly average estimate of -$0.45545. Based on analyst estimates, the high estimate for the next quarter is -$0.06 and the low estimate is -$0.09. The average estimate for the next quarter is thus -$0.08.
