With 0.94 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.72 million shares. The 52-week range on SB shows that it touched its highest point at $6.33 and its lowest point at $3.31 during that stretch. It currently has a 1-year price target of $5.10. With its current market cap of 409.62 million, SB has annualized dividend of $0.20 while the current yield stands at 5.14%. Beta for the stock currently stands at 0.93.
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 SB was up-trending over the past week, with a rise of 5.42%, but this was up by 12.10% over a month. Three-month performance dropped to -5.58% while six-month performance fell -21.73%. The stock lost -14.13% in the past year, while it has gained 8.96% so far this year. A look at the trailing 12-month EPS for SB yields 0.83 with Next year EPS estimates of 0.88. For the next quarter, that number is 0.05. This implies an EPS growth rate of -20.94% for this year and 64.29% for next year. EPS is expected to grow by 12.15% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 81.06%.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for SB since 2 analysts follow the stock currently. There are 0 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 2 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 $0.68116 being high and $0.68116 being low. For SB, this leads to a yearly average estimate of $0.68116. Based on analyst estimates, the high estimate for the next quarter is $0.02 and the low estimate is $0.02. The average estimate for the next quarter is thus $0.02.
