With 0.9 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.43 million shares. The 52-week range on PRAX shows that it touched its highest point at $91.83 and its lowest point at $33.01 during that stretch. It currently has a 1-year price target of $99.27. Beta for the stock currently stands at 2.79.
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 PRAX was down-trending over the past week, with a drop of -45.87%, but this was down by -52.70% over a month. Three-month performance dropped to -54.42% while six-month performance fell -31.73%. The stock lost -22.60% in the past year, while it has lost -52.95% so far this year. A look at the trailing 12-month EPS for PRAX yields -10.27 with Next year EPS estimates of -11.90. For the next quarter, that number is -3.20. This implies an EPS growth rate of -20.76% for this year and 3.45% for next year. EPS is expected to decline by -0.75% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 8.54%.
Float and Shares Shorts:
At present, 19.42 million PRAX shares are outstanding with a float of 18.62 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 PRAX since 5 analysts follow the stock currently. There are 4 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 1 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 -$10.0553 being high and -$10.30346 being low. For PRAX, this leads to a yearly average estimate of -$10.18434. Based on analyst estimates, the high estimate for the next quarter is -$2.49 and the low estimate is -$3.82. The average estimate for the next quarter is thus -$3.19.
