With 0.68 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.53 million shares. The 52-week range on ESTA shows that it touched its highest point at $60.12 and its lowest point at $28.16 during that stretch. It currently has a 1-year price target of $60.00. Beta for the stock currently stands at 1.00.
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 ESTA was up-trending over the past week, with a rise of 1.13%, but this was up by 8.79% over a month. Three-month performance dropped to -14.42% while six-month performance fell -17.42%. The stock lost -2.67% in the past year, while it has lost -22.34% so far this year. A look at the trailing 12-month EPS for ESTA yields -2.58 with Next year EPS estimates of -1.84. For the next quarter, that number is -0.64. This implies an EPS growth rate of 21.09% for this year and 24.19% for next year. EPS is expected to grow by 28.78% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of -20.32%.
Float and Shares Shorts:
At present, 27.96 million ESTA shares are outstanding with a float of 25.84 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 ESTA since 5 analysts follow the stock currently. There are 4 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 1 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 -$2.24155 being high and -$2.5431 being low. For ESTA, this leads to a yearly average estimate of -$2.42248. Based on analyst estimates, the high estimate for the next quarter is -$0.54 and the low estimate is -$0.72. The average estimate for the next quarter is thus -$0.64.
