With 0.85 million shares changed hands, the volume of the stock remained lighter than its average volume of 1.2 million shares. The 52-week range on AKRO shows that it touched its highest point at $58.40 and its lowest point at $17.86 during that stretch. It currently has a 1-year price target of $78.27. Beta for the stock currently stands at -0.22.
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 AKRO was up-trending over the past week, with a rise of 5.30%, but this was up by 107.19% over a month. Three-month performance surged to 75.37% while six-month performance rose 93.87%. The stock gained 139.78% in the past year, while it has gained 86.34% so far this year. A look at the trailing 12-month EPS for AKRO yields -3.75 with Next year EPS estimates of -4.77. For the next quarter, that number is -1.16. This implies an EPS growth rate of -37.36% for this year and -20.04% for next year. EPS is expected to decline by -19.08% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 1.03%.
Float and Shares Shorts:
At present, 69.61 million AKRO shares are outstanding with a float of 66.61 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 AKRO since 4 analysts follow the stock currently. There are 4 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 -$3.83041 being high and -$4.24828 being low. For AKRO, this leads to a yearly average estimate of -$3.9697. Based on analyst estimates, the high estimate for the next quarter is -$0.93 and the low estimate is -$1.25. The average estimate for the next quarter is thus -$1.11.
