With 2.11 million shares changed hands, the volume of the stock remained lighter than its average volume of 2.13 million shares. The 52-week range on AIOT shows that it touched its highest point at $8.71 and its lowest point at $2.88 during that stretch. It currently has a 1-year price target of $11.50. Beta for the stock currently stands at 1.78.
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 AIOT was down-trending over the past week, with a drop of -13.05%, but this was up by 12.28% over a month. Three-month performance surged to 10.03% while six-month performance rose 46.41%. The stock gained 139.26% in the past year, while it has gained 7.06% so far this year. A look at the trailing 12-month EPS for AIOT yields -0.51 with Next year EPS estimates of 0.23. For the next quarter, that number is 0.01. This implies an EPS growth rate of -969.03% for this year and 194.05% for next year. EPS is expected to grow by 122.69% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of -30.10%.
Float and Shares Shorts:
At present, 132.49 million AIOT shares are outstanding with a float of 124.83 million shares on hand for trading.
Analysts Ratings:
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 -$0.03828125 being high and -$0.11812 being low. For AIOT, this leads to a yearly average estimate of -$0.07. Based on analyst estimates, the high estimate for the next quarter is $0.1 and the low estimate is $0.01. The average estimate for the next quarter is thus $0.06.
