With 1.38 million shares changed hands, the volume of the stock remained lighter than its average volume of 8.72 million shares. The 52-week range on SYRS shows that it touched its highest point at $7.96 and its lowest point at $0.16 during that stretch. It currently has a 1-year price target of $10.50. Beta for the stock currently stands at 1.29.
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 SYRS was up-trending over the past week, with a rise of 2.98%, but this was down by -18.19% over a month. Three-month performance dropped to -34.75% while six-month performance fell -88.19%. The stock lost -97.46% in the past year, while it has lost -21.89% so far this year. A look at the trailing 12-month EPS for SYRS yields -3.03 with Next year EPS estimates of -2.29. For the next quarter, that number is -0.72. This implies an EPS growth rate of 72.86% for this year and -45.45% for next year. EPS is expected to grow by 26.36% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 21.16%.
Float and Shares Shorts:
At present, 26.83 million SYRS shares are outstanding with a float of 23.67 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 SYRS since 7 analysts follow the stock currently. There are 7 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 -$1.51827 being high and -$1.62533 being low. For SYRS, this leads to a yearly average estimate of -$1.57667. Based on analyst estimates, the high estimate for the next quarter is -$0.7 and the low estimate is -$0.7. The average estimate for the next quarter is thus -$0.7.
