With 0.64 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.54 million shares. The 52-week range on ROAD shows that it touched its highest point at $103.69 and its lowest point at $46.26 during that stretch. It currently has a 1-year price target of $104.00. Beta for the stock currently stands at 0.79.
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 ROAD was down-trending over the past week, with a drop of -11.42%, but this was down by -17.59% over a month. Three-month performance dropped to -23.78% while six-month performance rose 12.35%. The stock gained 49.61% in the past year, while it has lost -21.32% so far this year. A look at the trailing 12-month EPS for ROAD yields 1.07 with Next year EPS estimates of 2.72. For the next quarter, that number is -0.07. This implies an EPS growth rate of 56.49% for this year and 32.68% for next year. EPS is expected to grow by 42.11% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 9.35%.
Float and Shares Shorts:
At present, 47.16 million ROAD shares are outstanding with a float of 45.76 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 ROAD since 2 analysts follow the stock currently. There are 0 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 1 believe that the stock is worth HOLDING, 1 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 $1.34723 being high and $1.31264 being low. For ROAD, this leads to a yearly average estimate of $1.32667. Based on analyst estimates, the high estimate for the next quarter is $0.97 and the low estimate is $0.83. The average estimate for the next quarter is thus $0.9.
