With 0.71 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.51 million shares. The 52-week range on RAMP shows that it touched its highest point at $38.00 and its lowest point at $21.45 during that stretch. It currently has a 1-year price target of $38.89. Beta for the stock currently stands at 0.96.
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 RAMP was down-trending over the past week, with a drop of -9.77%, but this was down by -11.85% over a month. Three-month performance dropped to -1.58% while six-month performance rose 19.50%. The stock lost -18.50% in the past year, while it has lost -1.51% so far this year. A look at the trailing 12-month EPS for RAMP yields 0.00 with Next year EPS estimates of 2.00. For the next quarter, that number is 0.28. This implies an EPS growth rate of 15.01% for this year and 19.84% for next year. EPS is expected to grow by 25.36% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of -58.20%.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for RAMP since 7 analysts follow the stock currently. There are 6 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 1 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 $1.42846 being high and $1.40039 being low. For RAMP, this leads to a yearly average estimate of $1.41799. Based on analyst estimates, the high estimate for the next quarter is $0.48 and the low estimate is $0.35. The average estimate for the next quarter is thus $0.42.
