With 5.3 million shares changed hands, the volume of the stock remained heavier than its average volume of 4.01 million shares. The 52-week range on CCJ shows that it touched its highest point at $62.55 and its lowest point at $35.43 during that stretch. It currently has a 1-year price target of $60.42. With its current market cap of 20.26 billion, CCJ has annualized dividend of $0.11 while the current yield stands at 0.25%. Beta for the stock currently stands at 1.01.
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 CCJ was down-trending over the past week, with a drop of -6.62%, but this was down by -9.84% over a month. Three-month performance dropped to -12.35% while six-month performance rose 15.62%. The stock gained 10.00% in the past year, while it has lost -9.42% so far this year. A look at the trailing 12-month EPS for CCJ yields 0.20 with Next year EPS estimates of 1.12. For the next quarter, that number is 0.23. This implies an EPS growth rate of -28.90% for this year and 170.89% for next year. EPS is expected to grow by 35.31% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 13.73%.
Float and Shares Shorts:
At present, 435.18 million CCJ shares are outstanding with a float of 433.55 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 CCJ since 5 analysts follow the stock currently. There are 5 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 $0.68919 being high and $0.55135 being low. For CCJ, this leads to a yearly average estimate of $0.60649. Based on analyst estimates, the high estimate for the next quarter is $0.64 and the low estimate is $0.28. The average estimate for the next quarter is thus $0.41.
