With 0.76 million shares changed hands, the volume of the stock remained lighter than its average volume of 2.6 million shares. The 52-week range on LCTX shows that it touched its highest point at $1.61 and its lowest point at $0.48 during that stretch. It currently has a 1-year price target of $4.50. Beta for the stock currently stands at 1.27.
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 LCTX was down-trending over the past week, with a drop of -1.31%, but this was up by 0.15% over a month. Three-month performance dropped to -23.12% while six-month performance fell -22.33%. The stock lost -37.98% in the past year, while it has gained 34.53% so far this year. A look at the trailing 12-month EPS for LCTX yields -0.11 with Next year EPS estimates of -0.10. For the next quarter, that number is -0.03. This implies an EPS growth rate of 8.33% for this year and 7.58% for next year. EPS is expected to grow by 9.14% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 19.25%.
Float and Shares Shorts:
At present, 220.42 million LCTX shares are outstanding with a float of 219.45 million shares on hand for trading.
Analysts Ratings:
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 -$0.00299246 being high and -$0.10083 being low. For LCTX, this leads to a yearly average estimate of -$0.05191123. Based on analyst estimates, the high estimate for the next quarter is -$0.04 and the low estimate is -$0.04. The average estimate for the next quarter is thus -$0.04.
