With 5.14 million shares changed hands, the volume of the stock remained heavier than its average volume of 2.61 million shares. The 52-week range on BROS shows that it touched its highest point at $86.88 and its lowest point at $26.38 during that stretch. It currently has a 1-year price target of $86.00. Beta for the stock currently stands at 2.71.
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 BROS was down-trending over the past week, with a drop of -8.12%, but this was up by 23.64% over a month. Three-month performance surged to 51.19% while six-month performance rose 137.05%. The stock gained 178.51% in the past year, while it has gained 43.78% so far this year. A look at the trailing 12-month EPS for BROS yields 0.34 with Next year EPS estimates of 0.80. For the next quarter, that number is 0.12. This implies an EPS growth rate of 21.52% for this year and 34.36% for next year. EPS is expected to grow by 27.16% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of -9.87%.
Float and Shares Shorts:
At present, 115.43 million BROS shares are outstanding with a float of 107.26 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 BROS since 4 analysts follow the stock currently. There are 2 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 $0.46517 being high and $0.386 being low. For BROS, this leads to a yearly average estimate of $0.44538. Based on analyst estimates, the high estimate for the next quarter is $0.23 and the low estimate is $0.18. The average estimate for the next quarter is thus $0.21.
