With 0.55 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.43 million shares. The 52-week range on PAY shows that it touched its highest point at $38.94 and its lowest point at $15.08 during that stretch. It currently has a 1-year price target of $35.20. Beta for the stock currently stands at 1.68.
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 PAY was down-trending over the past week, with a drop of -17.83%, but this was down by -12.93% over a month. Three-month performance dropped to -27.37% while six-month performance rose 17.60%. The stock gained 77.58% in the past year, while it has lost -19.01% so far this year. A look at the trailing 12-month EPS for PAY yields 0.32 with Next year EPS estimates of 0.57. For the next quarter, that number is 0.12. This implies an EPS growth rate of 51.04% for this year and 17.93% for next year. EPS is expected to grow by 31.34% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 23.55%.
Float and Shares Shorts:
At present, 24.48 million PAY shares are outstanding with a float of 19.67 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 PAY since 7 analysts follow the stock currently. There are 2 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 5 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 $0.49319 being high and $0.47347 being low. For PAY, this leads to a yearly average estimate of $0.48333. Based on analyst estimates, the high estimate for the next quarter is $0.14 and the low estimate is $0.11. The average estimate for the next quarter is thus $0.12.
