With 0.68 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.51 million shares. The 52-week range on METC shows that it touched its highest point at $20.47 and its lowest point at $8.87 during that stretch. It currently has a 1-year price target of $17.00. With its current market cap of 506.67 million, METC has annualized dividend of $0.41 while the current yield stands at 4.23%. Beta for the stock currently stands at 1.17.
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 METC was down-trending over the past week, with a drop of -8.36%, but this was up by 0.41% over a month. Three-month performance dropped to -21.25% while six-month performance fell -15.37%. The stock lost -43.56% in the past year, while it has lost -4.97% so far this year. A look at the trailing 12-month EPS for METC yields 0.69 with Next year EPS estimates of 1.00. For the next quarter, that number is -0.03. This implies an EPS growth rate of -96.60% for this year and 1606.59% for next year. EPS is expected to decline by -9.09% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 6.46%.
Float and Shares Shorts:
At present, 43.80 million METC shares are outstanding with a float of 27.01 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 METC since 5 analysts follow the stock currently. There are 5 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 $0.06354711 being high and $0.05350253 being low. For METC, this leads to a yearly average estimate of $0.0588. Based on analyst estimates, the high estimate for the next quarter is $0 and the low estimate is $0. The average estimate for the next quarter is thus $0.
