With 0.93 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.92 million shares. The 52-week range on GRFS shows that it touched its highest point at $9.96 and its lowest point at $5.30 during that stretch. It currently has a 1-year price target of $8.05. Beta for the stock currently stands at 0.35.
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 GRFS was up-trending over the past week, with a rise of 9.70%, but this was up by 31.57% over a month. Three-month performance surged to 24.61% while six-month performance fell -6.75%. The stock gained 23.37% in the past year, while it has gained 17.07% so far this year. A look at the trailing 12-month EPS for GRFS yields 0.25 with Next year EPS estimates of 1.14. For the next quarter, that number is 0.16. This implies an EPS growth rate of 27.51% for this year and 32.27% for next year. EPS is expected to grow by 26.89% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of -24.56%.
Float and Shares Shorts:
At present, 258.22 million GRFS shares are outstanding with a float of 258.07 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 GRFS since 2 analysts follow the stock currently. There are 0 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 2 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 $0.71303 being high and $0.46565 being low. For GRFS, this leads to a yearly average estimate of $0.58934. Based on analyst estimates, the high estimate for the next quarter is $0.2 and the low estimate is $0.2. The average estimate for the next quarter is thus $0.2.
