With 25.36 million shares changed hands, the volume of the stock remained heavier than its average volume of 13.88 million shares. The 52-week range on AG shows that it touched its highest point at $8.44 and its lowest point at $4.28 during that stretch. It currently has a 1-year price target of $7.55. With its current market cap of 2.66 billion, AG has annualized dividend of $0.02 while the current yield stands at 0.32%. Beta for the stock currently stands at 1.16.
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 AG was down-trending over the past week, with a drop of -2.63%, but this was down by -1.07% over a month. Three-month performance dropped to -16.04% while six-month performance fell -3.65%. The stock gained 22.52% in the past year, while it has gained 1.09% so far this year. A look at the trailing 12-month EPS for AG yields -0.35 with Next year EPS estimates of 0.54. For the next quarter, that number is 0.07. This implies an EPS growth rate of 360.81% for this year and 46.57% for next year.
Float and Shares Shorts:
At present, 479.32 million AG shares are outstanding with a float of 426.20 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 AG since 4 analysts follow the stock currently. There are 1 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 3 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 -$0.06154875 being high and -$0.32826 being low. For AG, this leads to a yearly average estimate of -$0.16413. Based on analyst estimates, the high estimate for the next quarter is $0.06 and the low estimate is $0.02. The average estimate for the next quarter is thus $0.04.
