With 0.86 million shares changed hands, the volume of the stock remained lighter than its average volume of 2.76 million shares. The 52-week range on SBEV shows that it touched its highest point at $0.73 and its lowest point at $0.14 during that stretch. It currently has a 1-year price target of $1.00. Beta for the stock currently stands at 1.23.
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 SBEV was down-trending over the past week, with a drop of -10.48%, but this was down by -25.33% over a month. Three-month performance dropped to -30.85% while six-month performance fell -66.98%. The stock lost -71.74% in the past year, while it has lost -7.70% so far this year. A look at the trailing 12-month EPS for SBEV yields -1.25 with Next year EPS estimates of -0.31. For the next quarter, that number is -0.08. This implies an EPS growth rate of 29.29% for this year and 11.43% for next year.
Float and Shares Shorts:
At present, 61.91 million SBEV shares are outstanding with a float of 55.04 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 SBEV 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 -$0.30082 being high and -$0.34 being low. For SBEV, this leads to a yearly average estimate of -$0.32041. Based on analyst estimates, the high estimate for the next quarter is -$0.08 and the low estimate is -$0.08. The average estimate for the next quarter is thus -$0.08.
