With 1.28 million shares changed hands, the volume of the stock remained lighter than its average volume of 1.46 million shares. The 52-week range on SOC shows that it touched its highest point at $32.33 and its lowest point at $10.11 during that stretch. It currently has a 1-year price target of $28.80. Beta for the stock currently stands at 0.35.
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 SOC was down-trending over the past week, with a drop of -6.99%, but this was up by 0.85% over a month. Three-month performance surged to 31.96% while six-month performance rose 87.68%. The stock gained 137.42% in the past year, while it has gained 24.41% so far this year. A look at the trailing 12-month EPS for SOC yields -14.05 with Next year EPS estimates of 1.63. For the next quarter, that number is -0.46. This implies an EPS growth rate of -178.28% for this year and 120.87% for next year.
Float and Shares Shorts:
At present, 78.79 million SOC shares are outstanding with a float of 57.89 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 SOC since 2 analysts follow the stock currently. There are 2 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 -$5.75547 being high and -$9.19413 being low. For SOC, this leads to a yearly average estimate of -$7.79184. Based on analyst estimates, the high estimate for the next quarter is $0.5 and the low estimate is $0.1. The average estimate for the next quarter is thus $0.3.
