With 2.84 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.73 million shares. The 52-week range on FRPT shows that it touched its highest point at $164.07 and its lowest point at $89.15 during that stretch. It currently has a 1-year price target of $158.00. Beta for the stock currently stands at 1.57.
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 FRPT was down-trending over the past week, with a drop of -17.00%, but this was down by -31.92% over a month. Three-month performance dropped to -31.21% while six-month performance fell -18.99%. The stock gained 20.52% in the past year, while it has lost -27.36% so far this year. A look at the trailing 12-month EPS for FRPT yields 0.93 with Next year EPS estimates of 2.36. For the next quarter, that number is 0.17. This implies an EPS growth rate of 52.75% for this year and 66.20% for next year.
Float and Shares Shorts:
At present, 48.70 million FRPT shares are outstanding with a float of 47.97 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 FRPT since 9 analysts follow the stock currently. There are 7 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 2 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 $1.15643 being high and $0.71637 being low. For FRPT, this leads to a yearly average estimate of $0.92105.
