DRDGold Ltd. ADR (DRD) looking to reclaim success with recent performance

With 0.61 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.26 million shares. The 52-week range on DRD shows that it touched its highest point at $12.70 and its lowest point at $7.53 during that stretch. It currently has a 1-year price target of $12.16. With its current market cap of 1.11 billion, DRD has annualized dividend of $0.22 while the current yield stands at 1.71%. Beta for the stock currently stands at 1.12.

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 DRD was up-trending over the past week, with a rise of 12.22%, but this was up by 21.67% over a month. Three-month performance surged to 32.03% while six-month performance rose 55.50%. The stock gained 74.49% in the past year, while it has gained 49.02% so far this year. A look at the trailing 12-month EPS for DRD yields 1.08 with Next year EPS estimates of 1.26. EPS is expected to grow by 28.07% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 150.85%.

Float and Shares Shorts:

At present, 86.24 million DRD shares are outstanding with a float of 86.05 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 DRD since 1 analysts follow the stock currently. There are 1 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 $13.7388 being high and $13.33939 being low. For DRD, this leads to a yearly average estimate of $13.56931. Based on analyst estimates, the high estimate for the next quarter is $0 and the low estimate is $0. The average estimate for the next quarter is thus $0.