With 3.02 million shares changed hands, the volume of the stock remained lighter than its average volume of 7.12 million shares. The 52-week range on X shows that it touched its highest point at $48.12 and its lowest point at $26.92 during that stretch. It currently has a 1-year price target of $39.83. With its current market cap of 8.50 billion, X has annualized dividend of $0.20 while the current yield stands at 0.53%. Beta for the stock currently stands at 1.87.
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 X was down-trending over the past week, with a drop of -3.30%, but this was up by 2.53% over a month. Three-month performance dropped to -6.81% while six-month performance rose 1.64%. The stock lost -20.12% in the past year, while it has gained 11.06% so far this year. A look at the trailing 12-month EPS for X yields 1.49 with Next year EPS estimates of 3.40. For the next quarter, that number is -0.29. This implies an EPS growth rate of -6.99% for this year and 70.59% for next year.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for X since 8 analysts follow the stock currently. There are 6 analysts who recommend BUY ratings, while 1 suggest SELL ratings. Of the remaining analysts, 0 believe that the stock is worth HOLDING, 1 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 $2.05461 being high and $1.86169 being low. For X, this leads to a yearly average estimate of $1.92921. Based on analyst estimates, the high estimate for the next quarter is $0.81 and the low estimate is $0.03. The average estimate for the next quarter is thus $0.43.
