With 0.6 million shares changed hands, the volume of the stock remained lighter than its average volume of 1.16 million shares. The 52-week range on SSL shows that it touched its highest point at $9.33 and its lowest point at $4.20 during that stretch. It currently has a 1-year price target of $9.80. With its current market cap of 2.92 billion, SSL has annualized dividend of $0.11 while the current yield stands at 2.29%. Beta for the stock currently stands at 2.34.
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 SSL was up-trending over the past week, with a rise of 6.19%, but this was up by 0.22% over a month. Three-month performance dropped to -15.36% while six-month performance fell -44.75%. The stock lost -39.87% in the past year, while it has gained 1.54% so far this year. A look at the trailing 12-month EPS for SSL yields -3.71 with Next year EPS estimates of 2.27. For the next quarter, that number is 1.35. This implies an EPS growth rate of 63.95% for this year and 36.27% for next year.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for SSL since 1 analysts follow the stock currently. There are 1 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 $40.82794 being high and $35.52859 being low. For SSL, this leads to a yearly average estimate of $38.912. Based on analyst estimates, the high estimate for the next quarter is $0 and the low estimate is $0. The average estimate for the next quarter is thus $0.
