Taking on analysts’ expectations and winning: Comstock Inc (LODE)

With 2.87 million shares changed hands, the volume of the stock remained lighter than its average volume of 9.1 million shares. The 52-week range on LODE shows that it touched its highest point at $1.01 and its lowest point at $0.13 during that stretch. It currently has a 1-year price target of $2.50. Beta for the stock currently stands at 1.51.

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 LODE was down-trending over the past week, with a drop of -19.24%, but this was up by 0.67% over a month. Three-month performance dropped to -7.01% while six-month performance rose 95.52%. The stock lost -37.41% in the past year, while it has lost -62.37% so far this year. A look at the trailing 12-month EPS for LODE yields -0.13 with Next year EPS estimates of -0.09. For the next quarter, that number is -0.02. This implies an EPS growth rate of -346.95% for this year and 59.09% for next year.

Float and Shares Shorts:

At present, 235.08 million LODE shares are outstanding with a float of 222.82 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 LODE since 0 analysts follow the stock currently. There are 0 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 -$0.22 being high and -$0.22 being low. For LODE, this leads to a yearly average estimate of -$0.22. Based on analyst estimates, the high estimate for the next quarter is -$0.02 and the low estimate is -$0.02. The average estimate for the next quarter is thus -$0.02.