With 3.08 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.25 million shares. The 52-week range on DEC shows that it touched its highest point at $17.70 and its lowest point at $10.54 during that stretch. It currently has a 1-year price target of $29.30. With its current market cap of 731.22 million, DEC has annualized dividend of $2.62 while the current yield stands at 18.22%. Beta for the stock currently stands at 0.87.
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 DEC was down-trending over the past week, with a drop of -15.41%, but this was down by -12.00% over a month. Three-month performance surged to 0.21% while six-month performance rose 8.04%. The stock gained 20.94% in the past year, while it has lost -14.40% so far this year. A look at the trailing 12-month EPS for DEC yields 3.01 with Next year EPS estimates of 2.31. For the next quarter, that number is 0.52. This implies an EPS growth rate of -83.07% for this year and 50.82% for next year.
Float and Shares Shorts:
At present, 46.86 million DEC shares are outstanding with a float of 44.86 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 DEC since 1 analysts follow the stock currently. There are 1 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 $17.92815 being high and -$14.56662 being low. For DEC, this leads to a yearly average estimate of $1.7608. Based on analyst estimates, the high estimate for the next quarter is $0.6 and the low estimate is $0.6. The average estimate for the next quarter is thus $0.6.
