With 5.54 million shares changed hands, the volume of the stock remained heavier than its average volume of 3.31 million shares. The 52-week range on NET shows that it touched its highest point at $177.37 and its lowest point at $66.24 during that stretch. It currently has a 1-year price target of $151.54. Beta for the stock currently stands at 1.28.
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 NET was down-trending over the past week, with a drop of -6.93%, but this was up by 37.07% over a month. Three-month performance surged to 74.69% while six-month performance rose 94.94%. The stock gained 58.65% in the past year, while it has gained 49.14% so far this year. A look at the trailing 12-month EPS for NET yields -0.23 with Next year EPS estimates of 1.01. For the next quarter, that number is 0.16. This implies an EPS growth rate of 6.45% for this year and 27.14% for next year. EPS is expected to grow by 23.75% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 8.13%.
Float and Shares Shorts:
At present, 307.89 million NET shares are outstanding with a float of 299.95 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 NET since 18 analysts follow the stock currently. There are 7 analysts who recommend BUY ratings, while 1 suggest SELL ratings. Of the remaining analysts, 10 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 $0.75269 being high and $0.73261 being low. For NET, this leads to a yearly average estimate of $0.74265. Based on analyst estimates, the high estimate for the next quarter is $0.2 and the low estimate is $0.17. The average estimate for the next quarter is thus $0.19.
