With 0.69 million shares changed hands, the volume of the stock remained lighter than its average volume of 1.04 million shares. The 52-week range on WEAV shows that it touched its highest point at $17.63 and its lowest point at $8.10 during that stretch. It currently has a 1-year price target of $17.57. Beta for the stock currently stands at 1.96.
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 WEAV was down-trending over the past week, with a drop of -3.43%, but this was down by -24.47% over a month. Three-month performance dropped to -9.44% while six-month performance rose 9.75%. The stock lost -1.75% in the past year, while it has lost -22.24% so far this year. A look at the trailing 12-month EPS for WEAV yields -0.40 with Next year EPS estimates of 0.18. For the next quarter, that number is 0.01. This implies an EPS growth rate of 83.23% for this year and 101.84% for next year. EPS is expected to grow by 86.55% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 5.67%.
Float and Shares Shorts:
At present, 73.23 million WEAV shares are outstanding with a float of 61.59 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 WEAV since 4 analysts follow the stock currently. There are 2 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 1 believe that the stock is worth HOLDING, 1 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 $0.05275375 being high and $0.04163752 being low. For WEAV, this leads to a yearly average estimate of $0.042203. Based on analyst estimates, the high estimate for the next quarter is $0.02 and the low estimate is -$0.01. The average estimate for the next quarter is thus $0.01.
Summary of Insider Activity:
Insiders traded WEAV 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.
