With 1.28 million shares changed hands, the volume of the stock remained lighter than its average volume of 2.09 million shares. The 52-week range on SLDB shows that it touched its highest point at $15.05 and its lowest point at $2.88 during that stretch. It currently has a 1-year price target of $16.40. Beta for the stock currently stands at 2.02.
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 SLDB was up-trending over the past week, with a rise of 38.46%, but this was up by 86.00% over a month. Three-month performance surged to 9.20% while six-month performance fell -43.92%. The stock lost -44.42% in the past year, while it has gained 39.50% so far this year. A look at the trailing 12-month EPS for SLDB yields -3.04 with Next year EPS estimates of -2.51. For the next quarter, that number is -0.80. This implies an EPS growth rate of 39.19% for this year and 14.42% for next year. EPS is expected to grow by 19.61% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 32.21%.
Float and Shares Shorts:
At present, 76.32 million SLDB shares are outstanding with a float of 60.55 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 SLDB since 6 analysts follow the stock currently. There are 6 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 -$2.71068 being high and -$3.02659 being low. For SLDB, this leads to a yearly average estimate of -$2.89411. Based on analyst estimates, the high estimate for the next quarter is -$0.36 and the low estimate is -$0.74. The average estimate for the next quarter is thus -$0.55.
