With 0.51 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.33 million shares. The 52-week range on SLVM shows that it touched its highest point at $98.02 and its lowest point at $55.50 during that stretch. It currently has a 1-year price target of $86.33. With its current market cap of 2.85 billion, SLVM has annualized dividend of $1.65 while the current yield stands at 2.35%. Beta for the stock currently stands at 1.01.
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 SLVM was down-trending over the past week, with a drop of -1.33%, but this was down by -11.36% over a month. Three-month performance dropped to -20.73% while six-month performance fell -10.91%. The stock gained 26.53% in the past year, while it has lost -11.02% so far this year. A look at the trailing 12-month EPS for SLVM yields 7.20 with Next year EPS estimates of 7.36. For the next quarter, that number is 0.73. This implies an EPS growth rate of -10.33% for this year and 10.57% for next year.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for SLVM since 4 analysts follow the stock currently. There are 2 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 $7.29504 being high and $6.94887 being low. For SLVM, this leads to a yearly average estimate of $7.13667. Based on analyst estimates, the high estimate for the next quarter is $1.94 and the low estimate is $1.18. The average estimate for the next quarter is thus $1.51.
