With 2.95 million shares changed hands, the volume of the stock remained heavier than its average volume of 1.07 million shares. The 52-week range on MCW shows that it touched its highest point at $9.14 and its lowest point at $5.84 during that stretch. It currently has a 1-year price target of $9.82. Beta for the stock currently stands at 1.63.
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 MCW was down-trending over the past week, with a drop of -1.84%, but this was up by 3.31% over a month. Three-month performance dropped to -5.67% while six-month performance rose 16.87%. The stock lost -17.89% in the past year, while it has gained 2.61% so far this year. A look at the trailing 12-month EPS for MCW yields 0.21 with Next year EPS estimates of 0.49. For the next quarter, that number is 0.10. This implies an EPS growth rate of 17.26% for this year and 11.99% for next year. EPS is expected to grow by 14.55% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 132.37%.
Float and Shares Shorts:
At present, 323.69 million MCW shares are outstanding with a float of 95.36 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 MCW since 2 analysts follow the stock currently. There are 1 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 1 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 $0.36223 being high and $0.34211 being low. For MCW, this leads to a yearly average estimate of $0.35217. Based on analyst estimates, the high estimate for the next quarter is $0.14 and the low estimate is $0.12. The average estimate for the next quarter is thus $0.13.
