With 1.2 million shares changed hands, the volume of the stock remained lighter than its average volume of 1.74 million shares. The 52-week range on REI shows that it touched its highest point at $2.20 and its lowest point at $1.21 during that stretch. It currently has a 1-year price target of $3.00. Beta for the stock currently stands at 1.42.
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 REI was down-trending over the past week, with a drop of -1.47%, but this was down by -6.94% over a month. Three-month performance dropped to -12.99% while six-month performance fell -26.78%. The stock lost -6.94% in the past year, while it has lost -1.47% so far this year. A look at the trailing 12-month EPS for REI yields 0.57 with Next year EPS estimates of 0.35. For the next quarter, that number is 0.06. This implies an EPS growth rate of -29.41% for this year and -1.85% for next year. EPS is expected to grow by 8.97% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 29.41%.
Float and Shares Shorts:
At present, 198.20 million REI shares are outstanding with a float of 138.74 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 $0.39998 being high and $0.33225 being low. For REI, this leads to a yearly average estimate of $0.36333. Based on analyst estimates, the high estimate for the next quarter is $0.11 and the low estimate is $0.07. The average estimate for the next quarter is thus $0.09.
