With 4.36 million shares changed hands, the volume of the stock remained heavier than its average volume of 3.22 million shares. The 52-week range on SG shows that it touched its highest point at $45.12 and its lowest point at $16.42 during that stretch. It currently has a 1-year price target of $32.50. Beta for the stock currently stands at 2.45.
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 SG was down-trending over the past week, with a drop of -4.19%, but this was down by -34.78% over a month. Three-month performance dropped to -49.40% while six-month performance fell -32.12%. The stock gained 68.52% in the past year, while it has lost -33.03% so far this year. A look at the trailing 12-month EPS for SG yields -0.79 with Next year EPS estimates of -0.35. For the next quarter, that number is -0.21. This implies an EPS growth rate of 35.04% for this year and 32.58% for next year. EPS is expected to grow by 51.90% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of -4.72%.
Float and Shares Shorts:
At present, 105.20 million SG shares are outstanding with a float of 97.18 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 SG since 9 analysts follow the stock currently. There are 6 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 3 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 -$0.70707 being high and -$0.78674 being low. For SG, this leads to a yearly average estimate of -$0.73695. Based on analyst estimates, the high estimate for the next quarter is $0.02 and the low estimate is -$0.1. The average estimate for the next quarter is thus -$0.02.
Summary of Insider Activity:
Insiders traded SG 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.
