With 2.14 million shares changed hands, the volume of the stock remained heavier than its average volume of 1.27 million shares. The 52-week range on PRGO shows that it touched its highest point at $33.46 and its lowest point at $23.14 during that stretch. It currently has a 1-year price target of $34.00. With its current market cap of 3.44 billion, PRGO has annualized dividend of $1.10 while the current yield stands at 4.37%. Beta for the stock currently stands at 0.51.
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 PRGO was up-trending over the past week, with a rise of 3.87%, but this was up by 3.23% over a month. Three-month performance dropped to -5.86% while six-month performance fell -8.58%. The stock lost -21.20% in the past year, while it has lost -1.83% so far this year. A look at the trailing 12-month EPS for PRGO yields -1.11 with Next year EPS estimates of 3.02. For the next quarter, that number is 0.94. This implies an EPS growth rate of -0.28% for this year and 17.30% for next year.
Float and Shares Shorts:
At present, 136.50 million PRGO shares are outstanding with a float of 135.74 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 PRGO since 8 analysts follow the stock currently. There are 4 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 4 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 $2.59693 being high and $2.5466 being low. For PRGO, this leads to a yearly average estimate of $2.5768. Based on analyst estimates, the high estimate for the next quarter is $0.68 and the low estimate is $0.67. The average estimate for the next quarter is thus $0.68.
