With 6.03 million shares changed hands, the volume of the stock remained heavier than its average volume of 2.11 million shares. The 52-week range on EAF shows that it touched its highest point at $2.53 and its lowest point at $0.52 during that stretch. It currently has a 1-year price target of $1.67. Beta for the stock currently stands at 0.89.
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 EAF was down-trending over the past week, with a drop of -0.91%, but this was down by -40.11% over a month. Three-month performance dropped to -49.30% while six-month performance rose 59.01%. The stock lost -23.24% in the past year, while it has lost -36.99% so far this year. A look at the trailing 12-month EPS for EAF yields -0.51 with Next year EPS estimates of -0.20. For the next quarter, that number is -0.16. This implies an EPS growth rate of -25.59% for this year and 61.25% for next year.
Float and Shares Shorts:
At present, 257.26 million EAF shares are outstanding with a float of 183.27 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 EAF since 3 analysts follow the stock currently. There are 1 analysts who recommend BUY ratings, while 1 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 -$0.39553 being high and -$0.46016 being low. For EAF, this leads to a yearly average estimate of -$0.43304. Based on analyst estimates, the high estimate for the next quarter is -$0.11 and the low estimate is -$0.11. The average estimate for the next quarter is thus -$0.11.
