With 9.43 million shares changed hands, the volume of the stock remained lighter than its average volume of 9.59 million shares. The 52-week range on CX shows that it touched its highest point at $9.27 and its lowest point at $5.00 during that stretch. It currently has a 1-year price target of $8.40. Beta for the stock currently stands at 1.44.
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 CX was down-trending over the past week, with a drop of -3.00%, but this was up by 9.49% over a month. Three-month performance surged to 18.53% while six-month performance fell -1.82%. The stock lost -20.74% in the past year, while it has gained 14.54% so far this year. A look at the trailing 12-month EPS for CX yields 0.31 with Next year EPS estimates of 0.80. For the next quarter, that number is 0.10. This implies an EPS growth rate of 12.56% for this year and 16.72% for next year. EPS is expected to grow by 14.12% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 61.93%.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for CX since 3 analysts follow the stock currently. There are 3 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 0 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 $16.58768 being high and $12.87728 being low. For CX, this leads to a yearly average estimate of $14.62335. Based on analyst estimates, the high estimate for the next quarter is $0 and the low estimate is $0. The average estimate for the next quarter is thus $0.
