With 0.53 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.5 million shares. The 52-week range on ATRC shows that it touched its highest point at $43.11 and its lowest point at $18.94 during that stretch. It currently has a 1-year price target of $54.22. Beta for the stock currently stands at 1.54.
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 ATRC was up-trending over the past week, with a rise of 3.17%, but this was down by -2.83% over a month. Three-month performance surged to 9.44% while six-month performance rose 61.93%. The stock gained 15.97% in the past year, while it has gained 29.02% so far this year. A look at the trailing 12-month EPS for ATRC yields -0.95 with Next year EPS estimates of -0.38. For the next quarter, that number is -0.22. This implies an EPS growth rate of 27.63% for this year and 44.04% for next year. EPS is expected to grow by 53.58% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of -0.33%.
Float and Shares Shorts:
At present, 48.87 million ATRC shares are outstanding with a float of 47.30 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 ATRC since 4 analysts follow the stock currently. There are 4 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 -$0.77133 being high and -$0.84959 being low. For ATRC, this leads to a yearly average estimate of -$0.81605. Based on analyst estimates, the high estimate for the next quarter is -$0.13 and the low estimate is -$0.17. The average estimate for the next quarter is thus -$0.15.
