With 1.21 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.71 million shares. The 52-week range on BLBD shows that it touched its highest point at $59.40 and its lowest point at $31.42 during that stretch. It currently has a 1-year price target of $54.38. Beta for the stock currently stands at 1.38.
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 BLBD was down-trending over the past week, with a drop of -9.41%, but this was down by -7.86% over a month. Three-month performance dropped to -19.14% while six-month performance fell -37.53%. The stock lost -3.01% in the past year, while it has lost -15.04% so far this year. A look at the trailing 12-month EPS for BLBD yields 3.23 with Next year EPS estimates of 4.38. For the next quarter, that number is 0.95. This implies an EPS growth rate of 13.37% for this year and 11.54% for next year. EPS is expected to grow by 8.62% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 28.64%.
Float and Shares Shorts:
At present, 32.11 million BLBD shares are outstanding with a float of 31.71 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 BLBD since 5 analysts follow the stock currently. There are 5 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 0 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 $3.50791 being high and $3.2123 being low. For BLBD, this leads to a yearly average estimate of $3.33054. Based on analyst estimates, the high estimate for the next quarter is $1.22 and the low estimate is $0.86. The average estimate for the next quarter is thus $1.03.
Summary of Insider Activity:
Insiders traded BLBD 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.
