With 3.89 million shares changed hands, the volume of the stock remained lighter than its average volume of 4.27 million shares. The 52-week range on CART shows that it touched its highest point at $53.44 and its lowest point at $29.84 during that stretch. It currently has a 1-year price target of $52.65. Beta for the stock currently stands at 1.41.
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 CART was down-trending over the past week, with a drop of -9.84%, but this was down by -19.82% over a month. Three-month performance dropped to -11.63% while six-month performance rose 7.52%. The stock gained 16.34% in the past year, while it has lost -6.83% so far this year. A look at the trailing 12-month EPS for CART yields 1.63 with Next year EPS estimates of 1.94. For the next quarter, that number is 0.38. This implies an EPS growth rate of 1.84% for this year and 20.55% for next year.
Float and Shares Shorts:
At present, 260.96 million CART shares are outstanding with a float of 184.96 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 CART since 10 analysts follow the stock currently. There are 7 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 $1.58047 being high and $1.32203 being low. For CART, this leads to a yearly average estimate of $1.42143. Based on analyst estimates, the high estimate for the next quarter is $0.84 and the low estimate is $0.7. The average estimate for the next quarter is thus $0.75.
Summary of Insider Activity:
Insiders traded CART 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.
