With 6.88 million shares changed hands, the volume of the stock remained heavier than its average volume of 3.05 million shares. The 52-week range on AS shows that it touched its highest point at $34.00 and its lowest point at $10.11 during that stretch. It currently has a 1-year price target of $33.41. Beta for the stock currently stands at 2.89.
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 AS was down-trending over the past week, with a drop of -7.66%, but this was down by -5.72% over a month. Three-month performance surged to 37.55% while six-month performance rose 108.46%. The stock gained 91.94% in the past year, while it has gained 3.11% so far this year. A look at the trailing 12-month EPS for AS yields 0.14 with Next year EPS estimates of 0.94. For the next quarter, that number is 0.16. This implies an EPS growth rate of 46.48% for this year and 36.10% for next year.
Float and Shares Shorts:
At present, 546.36 million AS shares are outstanding with a float of 106.55 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 AS 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 $0.46752 being high and $0.44664 being low. For AS, this leads to a yearly average estimate of $0.45837. Based on analyst estimates, the high estimate for the next quarter is $0.03 and the low estimate is $0.0. The average estimate for the next quarter is thus $0.01.
