With 6.23 million shares changed hands, the volume of the stock remained lighter than its average volume of 6.72 million shares. The 52-week range on M shows that it touched its highest point at $22.10 and its lowest point at $13.66 during that stretch. It currently has a 1-year price target of $16.10. With its current market cap of 3.90 billion, M has annualized dividend of $0.69 while the current yield stands at 4.94%. Beta for the stock currently stands at 2.11.
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 M was down-trending over the past week, with a drop of -10.90%, but this was down by -10.27% over a month. Three-month performance dropped to -13.74% while six-month performance fell -10.79%. The stock lost -27.15% in the past year, while it has lost -16.95% so far this year. A look at the trailing 12-month EPS for M yields 0.59 with Next year EPS estimates of 2.30. For the next quarter, that number is 1.54. This implies an EPS growth rate of -31.87% for this year and -3.48% for next year. EPS is expected to decline by -12.38% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of -36.16%.
Float and Shares Shorts:
At present, 277.64 million M shares are outstanding with a float of 275.56 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 M since 13 analysts follow the stock currently. There are 6 analysts who recommend BUY ratings, while 1 suggest SELL ratings. Of the remaining analysts, 6 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 $3.21695 being high and $2.9588 being low. For M, this leads to a yearly average estimate of $3.03823. Based on analyst estimates, the high estimate for the next quarter is $0.39 and the low estimate is $0.17. The average estimate for the next quarter is thus $0.28.
