With 1.16 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.78 million shares. The 52-week range on ATEN shows that it touched its highest point at $21.90 and its lowest point at $12.27 during that stretch. It currently has a 1-year price target of $22.33. With its current market cap of 1.51 billion, ATEN has annualized dividend of $0.24 while the current yield stands at 1.17%. Beta for the stock currently stands at 1.23.
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 ATEN was up-trending over the past week, with a rise of 1.34%, but this was up by 3.86% over a month. Three-month performance surged to 20.00% while six-month performance rose 48.58%. The stock gained 49.89% in the past year, while it has gained 11.20% so far this year. A look at the trailing 12-month EPS for ATEN yields 0.67 with Next year EPS estimates of 0.93. For the next quarter, that number is 0.17. This implies an EPS growth rate of -6.98% for this year and 16.53% for next year.
Float and Shares Shorts:
At present, 73.69 million ATEN shares are outstanding with a float of 71.69 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 ATEN since 1 analysts follow the stock currently. There are 0 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 1 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 $0.79642 being high and $0.75866 being low. For ATEN, this leads to a yearly average estimate of $0.7785. Based on analyst estimates, the high estimate for the next quarter is $0.2 and the low estimate is $0.19. The average estimate for the next quarter is thus $0.19.
Summary of Insider Activity:
Insiders traded ATEN 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.
