With 2.26 million shares changed hands, the volume of the stock remained heavier than its average volume of 1.74 million shares. The 52-week range on GOGL shows that it touched its highest point at $15.77 and its lowest point at $8.52 during that stretch. It currently has a 1-year price target of $12.40. With its current market cap of 1.94 billion, GOGL has annualized dividend of $1.20 while the current yield stands at 12.37%. Beta for the stock currently stands at 1.19.
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 GOGL was up-trending over the past week, with a rise of 5.78%, but this was up by 8.74% over a month. Three-month performance dropped to -19.50% while six-month performance fell -20.23%. The stock lost -11.98% in the past year, while it has gained 8.26% so far this year. A look at the trailing 12-month EPS for GOGL yields 1.21 with Next year EPS estimates of 0.87. For the next quarter, that number is 0.18. This implies an EPS growth rate of 96.39% for this year and -20.64% for next year. EPS is expected to grow by 44.40% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of -0.88%.
Float and Shares Shorts:
At present, 200.03 million GOGL shares are outstanding with a float of 119.11 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 GOGL since 3 analysts follow the stock currently. There are 0 analysts who recommend BUY ratings, while 1 suggest SELL ratings. Of the remaining analysts, 2 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 $1.24539 being high and $0.98463 being low. For GOGL, this leads to a yearly average estimate of $1.09978. Based on analyst estimates, the high estimate for the next quarter is $0.08 and the low estimate is -$0.2. The average estimate for the next quarter is thus -$0.02.
