With 0.96 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.46 million shares. The 52-week range on AVNS shows that it touched its highest point at $25.36 and its lowest point at $14.98 during that stretch. It currently has a 1-year price target of $17.00. Beta for the stock currently stands at 1.16.
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 AVNS was up-trending over the past week, with a rise of 0.06%, but this was down by -7.85% over a month. Three-month performance dropped to -13.32% while six-month performance fell -33.90%. The stock lost -20.67% in the past year, while it has lost -1.88% so far this year. A look at the trailing 12-month EPS for AVNS yields 0.34 with Next year EPS estimates of 1.29. For the next quarter, that number is 0.18. This implies an EPS growth rate of -14.81% for this year and 12.17% for next year.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for AVNS since 2 analysts follow the stock currently. There are 0 analysts who recommend BUY ratings, while 1 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 $1.33504 being high and $1.31496 being low. For AVNS, this leads to a yearly average estimate of $1.325. Based on analyst estimates, the high estimate for the next quarter is $0.4 and the low estimate is $0.25. The average estimate for the next quarter is thus $0.32.
