With 2.85 million shares changed hands, the volume of the stock remained heavier than its average volume of 1.57 million shares. The 52-week range on VAL shows that it touched its highest point at $84.20 and its lowest point at $39.90 during that stretch. It currently has a 1-year price target of $53.33. Beta for the stock currently stands at 1.13.
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 VAL was down-trending over the past week, with a drop of -8.13%, but this was down by -15.88% over a month. Three-month performance dropped to -11.89% while six-month performance fell -32.35%. The stock lost -38.14% in the past year, while it has lost -7.57% so far this year. A look at the trailing 12-month EPS for VAL yields 5.12 with Next year EPS estimates of 5.83. For the next quarter, that number is 1.16. This implies an EPS growth rate of -21.39% for this year and 44.36% for next year.
Float and Shares Shorts:
At present, 71.00 million VAL shares are outstanding with a float of 63.76 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 VAL since 3 analysts follow the stock currently. There are 3 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 $4.3755 being high and $4.01012 being low. For VAL, this leads to a yearly average estimate of $4.19281. Based on analyst estimates, the high estimate for the next quarter is $1.53 and the low estimate is $0.97. The average estimate for the next quarter is thus $1.28.
