With 0.84 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.81 million shares. The 52-week range on LQDA shows that it touched its highest point at $16.99 and its lowest point at $8.26 during that stretch. It currently has a 1-year price target of $25.33. Beta for the stock currently stands at 0.07.
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 LQDA was down-trending over the past week, with a drop of -6.30%, but this was up by 10.49% over a month. Three-month performance surged to 52.51% while six-month performance rose 55.27%. The stock gained 8.10% in the past year, while it has gained 31.63% so far this year. A look at the trailing 12-month EPS for LQDA yields -1.62 with Next year EPS estimates of -1.46. For the next quarter, that number is -0.37. This implies an EPS growth rate of -27.41% for this year and 5.20% for next year. EPS is expected to grow by 35.73% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 30.44%.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for LQDA since 4 analysts follow the stock currently. There are 4 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 -$1.4238 being high and -$1.65946 being low. For LQDA, this leads to a yearly average estimate of -$1.54163. Based on analyst estimates, the high estimate for the next quarter is -$0.38 and the low estimate is -$0.38. The average estimate for the next quarter is thus -$0.38.
