With 2.53 million shares changed hands, the volume of the stock remained heavier than its average volume of 2.18 million shares. The 52-week range on CG shows that it touched its highest point at $57.50 and its lowest point at $36.65 during that stretch. It currently has a 1-year price target of $57.04. With its current market cap of 16.67 billion, CG has annualized dividend of $1.40 while the current yield stands at 3.03%. Beta for the stock currently stands at 1.71.
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 CG was down-trending over the past week, with a drop of -6.95%, but this was down by -14.80% over a month. Three-month performance dropped to -13.28% while six-month performance rose 15.03%. The stock gained 1.21% in the past year, while it has lost -8.58% so far this year. A look at the trailing 12-month EPS for CG yields 2.78 with Next year EPS estimates of 4.73. For the next quarter, that number is 0.96. This implies an EPS growth rate of 15.87% for this year and 11.43% for next year. EPS is expected to grow by 12.57% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of -0.31%.
Float and Shares Shorts:
At present, 357.18 million CG shares are outstanding with a float of 255.48 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 CG since 12 analysts follow the stock currently. There are 7 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 5 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 $3.78575 being high and $3.55959 being low. For CG, this leads to a yearly average estimate of $3.67759.
Summary of Insider Activity:
Insiders traded CG 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.
