With 0.72 million shares changed hands, the volume of the stock remained lighter than its average volume of 0.95 million shares. The 52-week range on CLDX shows that it touched its highest point at $53.18 and its lowest point at $20.91 during that stretch. It currently has a 1-year price target of $65.00. Beta for the stock currently stands at 1.72.
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 CLDX was down-trending over the past week, with a drop of -2.60%, but this was down by -7.34% over a month. Three-month performance dropped to -3.65% while six-month performance fell -37.19%. The stock lost -41.66% in the past year, while it has lost -11.12% so far this year. A look at the trailing 12-month EPS for CLDX yields -2.57 with Next year EPS estimates of -3.28. For the next quarter, that number is -0.74. This implies an EPS growth rate of 15.23% for this year and -32.49% for next year. EPS is expected to decline by -9.99% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 27.41%.
Float and Shares Shorts:
At present, 66.34 million CLDX shares are outstanding with a float of 64.66 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 CLDX since 4 analysts follow the stock currently. There are 3 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 1 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 -$2.37559 being high and -$2.61514 being low. For CLDX, this leads to a yearly average estimate of -$2.4754. Based on analyst estimates, the high estimate for the next quarter is -$0.6 and the low estimate is -$0.91. The average estimate for the next quarter is thus -$0.74.
