With 2.24 million shares changed hands, the volume of the stock remained lighter than its average volume of 3.96 million shares. The 52-week range on FRSH shows that it touched its highest point at $19.77 and its lowest point at $10.81 during that stretch. It currently has a 1-year price target of $21.65. Beta for the stock currently stands at 0.92.
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 FRSH was down-trending over the past week, with a drop of -3.93%, but this was down by -9.91% over a month. Three-month performance surged to 4.00% while six-month performance rose 42.38%. The stock lost -17.92% in the past year, while it has gained 2.84% so far this year. A look at the trailing 12-month EPS for FRSH yields -0.32 with Next year EPS estimates of 0.65. For the next quarter, that number is 0.13. This implies an EPS growth rate of 22.81% for this year and 23.79% for next year. EPS is expected to grow by 20.15% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 32.10%.
Float and Shares Shorts:
At present, 244.97 million FRSH shares are outstanding with a float of 183.33 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 FRSH 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 $0.39639 being high and $0.3796 being low. For FRSH, this leads to a yearly average estimate of $0.38959. Based on analyst estimates, the high estimate for the next quarter is $0.12 and the low estimate is $0.09. The average estimate for the next quarter is thus $0.11.
Summary of Insider Activity:
Insiders traded FRSH 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.
