With 1.92 million shares changed hands, the volume of the stock remained heavier than its average volume of 1.69 million shares. The 52-week range on CSIQ shows that it touched its highest point at $22.59 and its lowest point at $9.56 during that stretch. It currently has a 1-year price target of $14.58. Beta for the stock currently stands at 1.34.
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 CSIQ was up-trending over the past week, with a rise of 12.02%, but this was up by 8.78% over a month. Three-month performance surged to 1.17% while six-month performance fell -22.15%. The stock lost -50.61% in the past year, while it has gained 1.44% so far this year. A look at the trailing 12-month EPS for CSIQ yields 0.01 with Next year EPS estimates of 1.25. For the next quarter, that number is -0.09. This implies an EPS growth rate of -98.75% for this year and 2487.36% for next year. EPS is expected to decline by -17.56% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 0.83%.
Float and Shares Shorts:
At present, 66.16 million CSIQ shares are outstanding with a float of 47.03 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 CSIQ since 4 analysts follow the stock currently. There are 2 analysts who recommend BUY ratings, while 2 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 $0.06101222 being high and $0.03155804 being low. For CSIQ, this leads to a yearly average estimate of $0.048389.
