With 0.89 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.69 million shares. The 52-week range on BL shows that it touched its highest point at $69.31 and its lowest point at $43.37 during that stretch. It currently has a 1-year price target of $64.80. Beta for the stock currently stands at 1.03.
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 BL was down-trending over the past week, with a drop of -1.94%, but this was down by -20.63% over a month. Three-month performance dropped to -20.59% while six-month performance fell -3.62%. The stock lost -13.58% in the past year, while it has lost -19.37% so far this year. A look at the trailing 12-month EPS for BL yields 2.23 with Next year EPS estimates of 2.26. For the next quarter, that number is 0.38. This implies an EPS growth rate of -6.54% for this year and 10.87% for next year.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for BL since 4 analysts follow the stock currently. There are 1 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 $2.20308 being high and $2.14299 being low. For BL, this leads to a yearly average estimate of $2.18305. Based on analyst estimates, the high estimate for the next quarter is $0.53 and the low estimate is $0.42. The average estimate for the next quarter is thus $0.49.
