With 1.12 million shares changed hands, the volume of the stock remained lighter than its average volume of 1.97 million shares. The 52-week range on CXM shows that it touched its highest point at $14.31 and its lowest point at $6.91 during that stretch. It currently has a 1-year price target of $10.12. Beta for the stock currently stands at 0.79.
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 CXM was down-trending over the past week, with a drop of -6.81%, but this was down by -8.22% over a month. Three-month performance surged to 2.29% while six-month performance fell -6.70%. The stock lost -33.25% in the past year, while it has gained 0.47% so far this year. A look at the trailing 12-month EPS for CXM yields 0.16 with Next year EPS estimates of 0.38. For the next quarter, that number is 0.07. This implies an EPS growth rate of -15.71% for this year and 17.43% for next year.
Float and Shares Shorts:
At present, 137.91 million CXM shares are outstanding with a float of 102.72 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 CXM since 11 analysts follow the stock currently. There are 9 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 $0.37222 being high and $0.33198 being low. For CXM, this leads to a yearly average estimate of $0.3521. Based on analyst estimates, the high estimate for the next quarter is $0.09 and the low estimate is $0.06. The average estimate for the next quarter is thus $0.08.
