With 2.57 million shares changed hands, the volume of the stock remained heavier than its average volume of 1.97 million shares. The 52-week range on SGI shows that it touched its highest point at $69.87 and its lowest point at $45.04 during that stretch. It currently has a 1-year price target of $75.00. With its current market cap of 13.56 billion, SGI has annualized dividend of $0.52 while the current yield stands at 0.80%. Beta for the stock currently stands at 1.61.
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 SGI was down-trending over the past week, with a drop of -1.91%, but this was up by 6.74% over a month. Three-month performance surged to 20.48% while six-month performance rose 28.56%. The stock gained 28.66% in the past year, while it has gained 15.06% so far this year. A look at the trailing 12-month EPS for SGI yields 2.15 with Next year EPS estimates of 3.26. For the next quarter, that number is 0.53. This implies an EPS growth rate of 11.64% for this year and 14.42% for next year. EPS is expected to grow by 14.72% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 5.62%.
Float and Shares Shorts:
At present, 207.85 million SGI shares are outstanding with a float of 199.80 million shares on hand for trading.
Analysts Ratings:
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. Based on analyst estimates, the high estimate for the next quarter is $0.78 and the low estimate is $0.67. The average estimate for the next quarter is thus $0.71.
