With 0.69 million shares changed hands, the volume of the stock remained lighter than its average volume of 0.69 million shares. The 52-week range on ACRE shows that it touched its highest point at $7.99 and its lowest point at $4.82 during that stretch. It currently has a 1-year price target of $5.44. With its current market cap of 262.76 million, ACRE has annualized dividend of $1.00 while the current yield stands at 20.88%. Beta for the stock currently stands at 1.63.
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 ACRE was down-trending over the past week, with a drop of -4.01%, but this was down by -15.96% over a month. Three-month performance dropped to -32.72% while six-month performance fell -33.01%. The stock lost -33.84% in the past year, while it has lost -18.68% so far this year. A look at the trailing 12-month EPS for ACRE yields -0.64 with Next year EPS estimates of 0.49. For the next quarter, that number is 0.05. This implies an EPS growth rate of 105.89% for this year and 905.80% for next year.
Float and Shares Shorts:
At present, 54.54 million ACRE shares are outstanding with a float of 51.00 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for ACRE since 1 analysts follow the stock currently. There are 0 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 -$0.49344 being high and -$0.68094 being low. For ACRE, this leads to a yearly average estimate of -$0.61186. Based on analyst estimates, the high estimate for the next quarter is $0.12 and the low estimate is $0.03. The average estimate for the next quarter is thus $0.09.
