With 1.27 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.3 million shares. The 52-week range on CRCT shows that it touched its highest point at $7.79 and its lowest point at $4.11 during that stretch. It currently has a 1-year price target of $4.76. With its current market cap of 1.17 billion, CRCT has annualized dividend of $0.20 while the current yield stands at 3.68%. Beta for the stock currently stands at -0.01.
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 CRCT was down-trending over the past week, with a drop of -4.23%, but this was up by 3.62% over a month. Three-month performance surged to 4.82% while six-month performance fell -5.88%. The stock gained 19.16% in the past year, while it has lost -4.56% so far this year. A look at the trailing 12-month EPS for CRCT yields 0.29 with Next year EPS estimates of 0.26. For the next quarter, that number is 0.07. This implies an EPS growth rate of -24.47% for this year and 17.82% for next year. EPS is expected to grow by 1.17% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of -56.25%.
Float and Shares Shorts:
At present, 53.34 million CRCT shares are outstanding with a float of 45.24 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 CRCT since 1 analysts follow the stock currently. There are 0 analysts who recommend BUY ratings, while 1 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 $0.28353 being high and $0.27687 being low. For CRCT, this leads to a yearly average estimate of $0.27964. Based on analyst estimates, the high estimate for the next quarter is $0.08 and the low estimate is $0.07. The average estimate for the next quarter is thus $0.07.
Summary of Insider Activity:
Insiders traded CRCT 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.
