With 3.73 million shares changed hands, the volume of the stock remained heavier than its average volume of 2.31 million shares. The 52-week range on SMMT shows that it touched its highest point at $33.89 and its lowest point at $2.10 during that stretch. It currently has a 1-year price target of $35.33. Beta for the stock currently stands at -1.04.
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 SMMT was down-trending over the past week, with a drop of -14.09%, but this was down by -23.78% over a month. Three-month performance dropped to -2.74% while six-month performance rose 33.95%. The stock gained 321.16% in the past year, while it has gained 1.49% so far this year. A look at the trailing 12-month EPS for SMMT yields -0.31 with Next year EPS estimates of -0.62. For the next quarter, that number is -0.10. This implies an EPS growth rate of -40.32% for this year and -42.53% for next year. EPS is expected to decline by -25.86% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of -10.52%.
Float and Shares Shorts:
At present, 737.63 million SMMT shares are outstanding with a float of 114.92 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 SMMT since 1 analysts follow the stock currently. There are 1 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 -$0.23646 being high and -$0.24435 being low. For SMMT, this leads to a yearly average estimate of -$0.23646. Based on analyst estimates, the high estimate for the next quarter is -$0.07 and the low estimate is -$0.09. The average estimate for the next quarter is thus -$0.08.
