With 1.79 million shares changed hands, the volume of the stock remained lighter than its average volume of 2.63 million shares. The 52-week range on NDAQ shows that it touched its highest point at $84.15 and its lowest point at $54.90 during that stretch. It currently has a 1-year price target of $90.76. With its current market cap of 47.44 billion, NDAQ has annualized dividend of $0.94 while the current yield stands at 1.14%. Beta for the stock currently stands at 0.97.
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 NDAQ was up-trending over the past week, with a rise of 3.28%, but this was up by 3.34% over a month. Three-month performance surged to 4.80% while six-month performance rose 17.96%. The stock gained 48.94% in the past year, while it has gained 6.76% so far this year. A look at the trailing 12-month EPS for NDAQ yields 1.93 with Next year EPS estimates of 3.63. For the next quarter, that number is 0.75. This implies an EPS growth rate of 13.33% for this year and 13.53% for next year. EPS is expected to grow by 12.71% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 4.55%.
Float and Shares Shorts:
At present, 574.76 million NDAQ shares are outstanding with a float of 411.76 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 NDAQ since 13 analysts follow the stock currently. There are 9 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 $2.82882 being high and $2.77884 being low. For NDAQ, this leads to a yearly average estimate of $2.80883. Based on analyst estimates, the high estimate for the next quarter is $0.81 and the low estimate is $0.76. The average estimate for the next quarter is thus $0.78.
