With 2.86 million shares changed hands, the volume of the stock remained lighter than its average volume of 3.37 million shares. The 52-week range on OPK shows that it touched its highest point at $1.76 and its lowest point at $0.86 during that stretch. It currently has a 1-year price target of $3.96. Beta for the stock currently stands at 1.72.
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 OPK was down-trending over the past week, with a drop of -2.92%, but this was up by 12.93% over a month. Three-month performance surged to 6.41% while six-month performance rose 3.11%. The stock gained 75.48% in the past year, while it has gained 12.93% so far this year. A look at the trailing 12-month EPS for OPK yields -0.19 with Next year EPS estimates of -0.29. For the next quarter, that number is -0.09. This implies an EPS growth rate of 28.00% for this year and -62.96% for next year. EPS is expected to grow by 20.98% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 1.56%.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for OPK since 6 analysts follow the stock currently. There are 2 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 -$0.1224 being high and -$0.36 being low. For OPK, this leads to a yearly average estimate of -$0.18. 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.
