With 2.82 million shares changed hands, the volume of the stock remained heavier than its average volume of 2.27 million shares. The 52-week range on CG shows that it touched its highest point at $57.50 and its lowest point at $36.65 during that stretch. It currently has a 1-year price target of $57.10. With its current market cap of 18.58 billion, CG has annualized dividend of $1.40 while the current yield stands at 2.69%. Beta for the stock currently stands at 1.70.
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 CG was up-trending over the past week, with a rise of 4.12%, but this was down by -7.80% over a month. Three-month performance surged to 3.07% while six-month performance rose 25.33%. The stock gained 16.67% in the past year, while it has gained 3.01% so far this year. A look at the trailing 12-month EPS for CG yields 2.78 with Next year EPS estimates of 4.73. For the next quarter, that number is 0.97. This implies an EPS growth rate of 16.22% for this year and 11.13% for next year. EPS is expected to grow by 12.65% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of -0.33%.
Float and Shares Shorts:
At present, 357.20 million CG shares are outstanding with a float of 252.30 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 CG since 12 analysts follow the stock currently. There are 7 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 5 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 $3.78575 being high and $3.55959 being low. For CG, this leads to a yearly average estimate of $3.67759. Based on analyst estimates, the high estimate for the next quarter is $1.08 and the low estimate is $0.97. The average estimate for the next quarter is thus $1.01.
