With 1.86 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.99 million shares. The 52-week range on MBC shows that it touched its highest point at $20.67 and its lowest point at $13.90 during that stretch. It currently has a 1-year price target of $19.00. Beta for the stock currently stands at 1.59.
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 MBC was down-trending over the past week, with a drop of -11.08%, but this was down by -13.58% over a month. Three-month performance dropped to -12.66% while six-month performance fell -6.17%. The stock lost -3.40% in the past year, while it has gained 1.03% so far this year. A look at the trailing 12-month EPS for MBC yields 0.97 with Next year EPS estimates of 1.74. For the next quarter, that number is 0.26. This implies an EPS growth rate of 13.63% for this year and 11.76% for next year.
Float and Shares Shorts:
At present, 127.10 million MBC shares are outstanding with a float of 124.88 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 MBC 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 $1.55011 being high and $1.51991 being low. For MBC, this leads to a yearly average estimate of $1.53501. Based on analyst estimates, the high estimate for the next quarter is $0.47 and the low estimate is $0.4. The average estimate for the next quarter is thus $0.44.
