With 1.23 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.75 million shares. The 52-week range on SRAD shows that it touched its highest point at $22.94 and its lowest point at $9.17 during that stretch. It currently has a 1-year price target of $22.19. Beta for the stock currently stands at 2.16.
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 SRAD was up-trending over the past week, with a rise of 1.49%, but this was up by 4.91% over a month. Three-month performance surged to 25.72% while six-month performance rose 87.45%. The stock gained 120.65% in the past year, while it has gained 25.72% so far this year. A look at the trailing 12-month EPS for SRAD yields 0.21 with Next year EPS estimates of 0.29. For the next quarter, that number is 0.04. This implies an EPS growth rate of 33.80% for this year and 81.02% for next year. EPS is expected to grow by 56.61% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 44.32%.
Float and Shares Shorts:
At present, 207.56 million SRAD shares are outstanding with a float of 168.87 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 SRAD since 4 analysts follow the stock currently. There are 2 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 $0.15512 being high and $0.14962 being low. For SRAD, this leads to a yearly average estimate of $0.15179. Based on analyst estimates, the high estimate for the next quarter is $0.04 and the low estimate is $0.04. The average estimate for the next quarter is thus $0.04.
