With 2.17 million shares changed hands, the volume of the stock remained heavier than its average volume of 1.12 million shares. The 52-week range on VET shows that it touched its highest point at $12.79 and its lowest point at $7.36 during that stretch. It currently has a 1-year price target of $11.98. With its current market cap of 1.17 billion, VET has annualized dividend of $0.35 while the current yield stands at 4.60%. Beta for the stock currently stands at 1.48.
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 VET was down-trending over the past week, with a drop of -10.10%, but this was down by -15.98% over a month. Three-month performance dropped to -26.07% while six-month performance fell -26.36%. The stock lost -33.65% in the past year, while it has lost -19.47% so far this year. A look at the trailing 12-month EPS for VET yields -3.73 with Next year EPS estimates of -0.86. For the next quarter, that number is 0.38. This implies an EPS growth rate of 84.50% for this year and -2565.66% for next year.
Float and Shares Shorts:
At present, 155.35 million VET shares are outstanding with a float of 153.53 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 VET 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 $0.27981 being high and $0.1399 being low. For VET, this leads to a yearly average estimate of $0.20986. Based on analyst estimates, the high estimate for the next quarter is $0 and the low estimate is $0. The average estimate for the next quarter is thus $0.
Summary of Insider Activity:
Insiders traded VET 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.
