With 8.03 million shares changed hands, the volume of the stock remained heavier than its average volume of 6.5 million shares. The 52-week range on BE shows that it touched its highest point at $29.83 and its lowest point at $8.41 during that stretch. It currently has a 1-year price target of $24.33. Beta for the stock currently stands at 3.31.
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 BE was down-trending over the past week, with a drop of -15.56%, but this was down by -26.30% over a month. Three-month performance dropped to -11.41% while six-month performance rose 95.46%. The stock gained 155.47% in the past year, while it has lost -1.08% so far this year. A look at the trailing 12-month EPS for BE yields -0.58 with Next year EPS estimates of 0.40. For the next quarter, that number is 0.30. This implies an EPS growth rate of 232.59% for this year and 200.82% for next year.
Float and Shares Shorts:
At present, 228.51 million BE shares are outstanding with a float of 192.65 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 BE since 9 analysts follow the stock currently. There are 8 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 0 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 $0.32411 being high and -$0.01473222 being low. For BE, this leads to a yearly average estimate of $0.13259. Based on analyst estimates, the high estimate for the next quarter is $0.08 and the low estimate is -$0.14. The average estimate for the next quarter is thus -$0.05.
