With 1.54 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.59 million shares. The 52-week range on SVV shows that it touched its highest point at $21.33 and its lowest point at $7.78 during that stretch. It currently has a 1-year price target of $12.50. Beta for the stock currently stands at 1.21.
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 SVV was down-trending over the past week, with a drop of -30.73%, but this was down by -30.23% over a month. Three-month performance dropped to -10.45% while six-month performance fell -20.65%. The stock lost -58.84% in the past year, while it has lost -23.90% so far this year. A look at the trailing 12-month EPS for SVV yields 0.17 with Next year EPS estimates of 0.52. For the next quarter, that number is 0.02. This implies an EPS growth rate of -28.85% for this year and 26.16% for next year. EPS is expected to grow by 4.90% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of -35.01%.
Float and Shares Shorts:
At present, 159.16 million SVV shares are outstanding with a float of 25.16 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 SVV since 2 analysts follow the stock currently. There are 2 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 0 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 $0.55527 being high and $0.48586 being low. For SVV, this leads to a yearly average estimate of $0.51561. Based on analyst estimates, the high estimate for the next quarter is $0.17 and the low estimate is $0.11. The average estimate for the next quarter is thus $0.13.
