With 11.59 million shares changed hands, the volume of the stock remained heavier than its average volume of 3.9 million shares. The 52-week range on CART shows that it touched its highest point at $53.44 and its lowest point at $29.72 during that stretch. It currently has a 1-year price target of $52.65. Beta for the stock currently stands at 1.06.
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 CART was down-trending over the past week, with a drop of -19.47%, but this was down by -6.24% over a month. Three-month performance dropped to -1.04% while six-month performance rose 20.22%. The stock gained 39.92% in the past year, while it has gained 3.33% so far this year. A look at the trailing 12-month EPS for CART yields 1.63 with Next year EPS estimates of 1.93. For the next quarter, that number is 0.38. This implies an EPS growth rate of 1.17% for this year and 20.80% for next year.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for CART since 10 analysts follow the stock currently. There are 7 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 3 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 $1.64117 being high and $1.3728 being low. For CART, this leads to a yearly average estimate of $1.47602.
