With 0.78 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.45 million shares. The 52-week range on EMBC shows that it touched its highest point at $21.48 and its lowest point at $9.93 during that stretch. It currently has a 1-year price target of $22.00. With its current market cap of 819.70 million, EMBC has annualized dividend of $0.60 while the current yield stands at 4.26%. Beta for the stock currently stands at 1.15.
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 EMBC was down-trending over the past week, with a drop of -12.69%, but this was down by -24.76% over a month. Three-month performance dropped to -2.22% while six-month performance rose 3.91%. The stock lost -1.40% in the past year, while it has lost -31.72% so far this year. A look at the trailing 12-month EPS for EMBC yields 1.01 with Next year EPS estimates of 3.02. For the next quarter, that number is 0.53. This implies an EPS growth rate of 14.73% for this year and 7.39% for next year.
Float and Shares Shorts:
At present, 58.13 million EMBC shares are outstanding with a float of 53.51 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 EMBC since 1 analysts follow the stock currently. There are 0 analysts who recommend BUY ratings, while 1 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 $2.56274 being high and $2.28781 being low. For EMBC, this leads to a yearly average estimate of $2.386. Based on analyst estimates, the high estimate for the next quarter is $0.8 and the low estimate is $0.78. The average estimate for the next quarter is thus $0.79.
