With 0.74 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.71 million shares. The 52-week range on ATKR shows that it touched its highest point at $194.98 and its lowest point at $62.62 during that stretch. It currently has a 1-year price target of $77.67. With its current market cap of 2.35 billion, ATKR has annualized dividend of $1.60 while the current yield stands at 2.35%. Beta for the stock currently stands at 2.18.
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 ATKR was down-trending over the past week, with a drop of -4.20%, but this was down by -19.89% over a month. Three-month performance dropped to -25.21% while six-month performance fell -28.62%. The stock lost -54.08% in the past year, while it has lost -18.24% so far this year. A look at the trailing 12-month EPS for ATKR yields 10.33 with Next year EPS estimates of 6.57. For the next quarter, that number is 1.41. This implies an EPS growth rate of -57.00% for this year and 5.46% for next year. EPS is expected to decline by -19.52% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 34.97%.
Float and Shares Shorts:
At present, 34.40 million ATKR shares are outstanding with a float of 33.91 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 ATKR since 7 analysts follow the stock currently. There are 6 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 $14.85144 being high and $14.20414 being low. For ATKR, this leads to a yearly average estimate of $14.48236. Based on analyst estimates, the high estimate for the next quarter is $1.87 and the low estimate is $1.51. The average estimate for the next quarter is thus $1.72.
