With 12.34 million shares changed hands, the volume of the stock remained heavier than its average volume of 10.38 million shares. The 52-week range on IAG shows that it touched its highest point at $6.69 and its lowest point at $2.83 during that stretch. It currently has a 1-year price target of $8.01. Beta for the stock currently stands at 1.63.
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 IAG was down-trending over the past week, with a drop of -2.74%, but this was down by -11.96% over a month. Three-month performance surged to 3.09% while six-month performance rose 14.78%. The stock gained 106.93% in the past year, while it has gained 9.88% so far this year. A look at the trailing 12-month EPS for IAG yields 1.45 with Next year EPS estimates of 0.92. For the next quarter, that number is 0.15. This implies an EPS growth rate of 32.57% for this year and 28.51% for next year.
Float and Shares Shorts:
At present, 571.40 million IAG shares are outstanding with a float of 549.91 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 IAG since 14 analysts follow the stock currently. There are 5 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 9 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 $0.62547 being high and $0.50819 being low. For IAG, this leads to a yearly average estimate of $0.56683. Based on analyst estimates, the high estimate for the next quarter is $0.15 and the low estimate is $0.06. The average estimate for the next quarter is thus $0.11.
Summary of Insider Activity:
Insiders traded IAG 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.
