With 0.98 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.41 million shares. The 52-week range on HRI shows that it touched its highest point at $246.88 and its lowest point at $124.70 during that stretch. It currently has a 1-year price target of $219.25. With its current market cap of 3.68 billion, HRI has annualized dividend of $2.69 while the current yield stands at 2.08%. Beta for the stock currently stands at 1.96.
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 HRI was down-trending over the past week, with a drop of -12.53%, but this was down by -36.62% over a month. Three-month performance dropped to -43.73% while six-month performance fell -10.21%. The stock lost -18.53% in the past year, while it has lost -31.72% so far this year. A look at the trailing 12-month EPS for HRI yields 7.41 with Next year EPS estimates of 15.34. For the next quarter, that number is 2.24. This implies an EPS growth rate of 1.40% for this year and 17.45% for next year. EPS is expected to grow by 12.65% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 35.31%.
Float and Shares Shorts:
At present, 28.40 million HRI shares are outstanding with a float of 28.07 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 HRI since 4 analysts follow the stock currently. There are 4 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 $13.34314 being high and $13.25438 being low. For HRI, this leads to a yearly average estimate of $13.30369. Based on analyst estimates, the high estimate for the next quarter is $3.45 and the low estimate is $2.38. The average estimate for the next quarter is thus $2.72.
Summary of Insider Activity:
Insiders traded HRI 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.
