With 2.13 million shares changed hands, the volume of the stock remained heavier than its average volume of 1.23 million shares. The 52-week range on WES shows that it touched its highest point at $43.33 and its lowest point at $33.15 during that stretch. It currently has a 1-year price target of $40.33. With its current market cap of 15.20 billion, WES has annualized dividend of $3.50 while the current yield stands at 8.76%. Beta for the stock currently stands at 2.82.
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 WES was down-trending over the past week, with a drop of -4.04%, but this was down by -4.54% over a month. Three-month performance surged to 2.78% while six-month performance rose 3.60%. The stock gained 17.92% in the past year, while it has gained 3.96% so far this year. A look at the trailing 12-month EPS for WES yields 3.91 with Next year EPS estimates of 3.79. For the next quarter, that number is 0.86. This implies an EPS growth rate of -13.16% for this year and 8.43% for next year. EPS is expected to decline by -2.55% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 9.01%.
Float and Shares Shorts:
At present, 380.56 million WES shares are outstanding with a float of 210.75 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 WES since 4 analysts follow the stock currently. There are 2 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 2 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 $3.98635 being high and $3.78267 being low. For WES, this leads to a yearly average estimate of $3.89906. Based on analyst estimates, the high estimate for the next quarter is $0.85 and the low estimate is $0.84. The average estimate for the next quarter is thus $0.84.
