With 3.04 million shares changed hands, the volume of the stock remained lighter than its average volume of 4.7 million shares. The 52-week range on NFE shows that it touched its highest point at $35.58 and its lowest point at $7.82 during that stretch. It currently has a 1-year price target of $16.00. With its current market cap of 2.97 billion, NFE has annualized dividend of $0.20 while the current yield stands at 1.83%. Beta for the stock currently stands at 1.54.
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 NFE was down-trending over the past week, with a drop of -10.29%, but this was down by -31.53% over a month. Three-month performance surged to 19.91% while six-month performance fell -16.48%. The stock lost -66.36% in the past year, while it has lost -27.91% so far this year. A look at the trailing 12-month EPS for NFE yields 0.90 with Next year EPS estimates of 0.14. For the next quarter, that number is 0.03. This implies an EPS growth rate of -95.89% for this year and 28.20% for next year.
Float and Shares Shorts:
At present, 205.10 million NFE shares are outstanding with a float of 169.36 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 NFE since 3 analysts follow the stock currently. There are 2 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 $0.12111 being high and $0.09688889 being low. For NFE, this leads to a yearly average estimate of $0.109. Based on analyst estimates, the high estimate for the next quarter is $0.17 and the low estimate is $0.07. The average estimate for the next quarter is thus $0.12.
