With 51.6 million shares changed hands, the volume of the stock remained heavier than its average volume of 40.5 million shares. The 52-week range on OPEN shows that it touched its highest point at $3.32 and its lowest point at $1.28 during that stretch. It currently has a 1-year price target of $1.73. Beta for the stock currently stands at 2.82.
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 OPEN was down-trending over the past week, with a drop of -7.33%, but this was down by -0.71% over a month. Three-month performance dropped to -13.66% while six-month performance fell -28.53%. The stock lost -50.27% in the past year, while it has lost -13.13% so far this year. A look at the trailing 12-month EPS for OPEN yields -0.54 with Next year EPS estimates of -0.48. For the next quarter, that number is -0.16. This implies an EPS growth rate of -34.64% for this year and 15.15% for next year. EPS is expected to grow by 2.36% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 44.03%.
Float and Shares Shorts:
At present, 711.66 million OPEN shares are outstanding with a float of 601.00 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 OPEN since 3 analysts follow the stock currently. There are 3 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 -$0.52197 being high and -$0.60897 being low. For OPEN, this leads to a yearly average estimate of -$0.56547. Based on analyst estimates, the high estimate for the next quarter is -$0.06 and the low estimate is -$0.11. The average estimate for the next quarter is thus -$0.09.
