With 6.65 million shares changed hands, the volume of the stock remained heavier than its average volume of 5.37 million shares. The 52-week range on HBM shows that it touched its highest point at $10.49 and its lowest point at $5.22 during that stretch. It currently has a 1-year price target of $10.49. With its current market cap of 2.54 billion, HBM has annualized dividend of $0.01 while the current yield stands at 0.20%. 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 HBM was down-trending over the past week, with a drop of -20.87%, but this was down by -14.52% over a month. Three-month performance dropped to -20.44% while six-month performance fell -9.50%. The stock gained 35.33% in the past year, while it has lost -10.62% so far this year. A look at the trailing 12-month EPS for HBM yields 0.19 with Next year EPS estimates of 0.66. For the next quarter, that number is 0.20. This implies an EPS growth rate of 44.36% for this year and -4.47% for next year.
Float and Shares Shorts:
At present, 394.93 million HBM shares are outstanding with a float of 350.40 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 HBM since 10 analysts follow the stock currently. There are 9 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 $0.54026 being high and $0.37259 being low. For HBM, this leads to a yearly average estimate of $0.44711. Based on analyst estimates, the high estimate for the next quarter is $0.23 and the low estimate is $0.1. The average estimate for the next quarter is thus $0.15.
