With 0.67 million shares changed hands, the volume of the stock remained lighter than its average volume of 1.1 million shares. The 52-week range on PD shows that it touched its highest point at $25.10 and its lowest point at $16.46 during that stretch. It currently has a 1-year price target of $21.82. Beta for the stock currently stands at 1.12.
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 PD was down-trending over the past week, with a drop of -3.14%, but this was down by -6.68% over a month. Three-month performance dropped to -9.88% while six-month performance fell -11.35%. The stock lost -23.13% in the past year, while it has lost -2.08% so far this year. A look at the trailing 12-month EPS for PD yields -0.81 with Next year EPS estimates of 0.89. For the next quarter, that number is 0.16. This implies an EPS growth rate of 6.95% for this year and 12.57% for next year. EPS is expected to grow by 11.49% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of -10.26%.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for PD since 10 analysts follow the stock currently. There are 6 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 4 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 $0.74296 being high and $0.7112 being low. For PD, this leads to a yearly average estimate of $0.72122. Based on analyst estimates, the high estimate for the next quarter is $0.23 and the low estimate is $0.16. The average estimate for the next quarter is thus $0.19.
