With 4.73 million shares changed hands, the volume of the stock remained heavier than its average volume of 3.44 million shares. The 52-week range on NET shows that it touched its highest point at $177.37 and its lowest point at $66.24 during that stretch. It currently has a 1-year price target of $153.20. Beta for the stock currently stands at 1.27.
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 NET was down-trending over the past week, with a drop of -3.44%, but this was up by 4.12% over a month. Three-month performance surged to 39.79% while six-month performance rose 78.97%. The stock gained 46.60% in the past year, while it has gained 32.72% so far this year. A look at the trailing 12-month EPS for NET yields -0.23 with Next year EPS estimates of 1.01. For the next quarter, that number is 0.16. This implies an EPS growth rate of 6.45% for this year and 27.14% for next year. EPS is expected to grow by 23.75% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 8.13%.
Float and Shares Shorts:
At present, 307.89 million NET shares are outstanding with a float of 302.40 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 NET since 18 analysts follow the stock currently. There are 7 analysts who recommend BUY ratings, while 1 suggest SELL ratings. Of the remaining analysts, 10 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 $0.75269 being high and $0.73261 being low. For NET, this leads to a yearly average estimate of $0.74265. Based on analyst estimates, the high estimate for the next quarter is $0.2 and the low estimate is $0.17. The average estimate for the next quarter is thus $0.19.
Summary of Insider Activity:
Insiders traded NET stock several times over the past three months with 0 Buys and 0 Sells. In these transactions, 0 shares were bought while 0 shares were sold. The number of buy transactions has remained unchanged to 0 while that of sell transactions has remained unmoved to 0 over the past year. The total number of shares bought during that period was 0 while 0 shares were sold.
