With 0.91 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.9 million shares. The 52-week range on EGY shows that it touched its highest point at $7.51 and its lowest point at $3.57 during that stretch. It currently has a 1-year price target of $8.91. With its current market cap of 389.90 million, EGY has annualized dividend of $0.31 while the current yield stands at 8.42%. Beta for the stock currently stands at 0.75.
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 EGY was down-trending over the past week, with a drop of -10.82%, but this was down by -8.40% over a month. Three-month performance dropped to -27.54% while six-month performance fell -43.01%. The stock lost -16.44% in the past year, while it has lost -15.10% so far this year. A look at the trailing 12-month EPS for EGY yields 0.86 with Next year EPS estimates of 0.32. For the next quarter, that number is 0.04. This implies an EPS growth rate of -29.84% for this year and -27.59% for next year. EPS is expected to grow by 17.27% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of -19.09%.
Float and Shares Shorts:
At present, 103.74 million EGY shares are outstanding with a float of 103.56 million shares on hand for trading.
Analysts Ratings:
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 $0.45806 being high and $0.39562 being low. For EGY, this leads to a yearly average estimate of $0.435. Based on analyst estimates, the high estimate for the next quarter is $0.08 and the low estimate is $0.08. The average estimate for the next quarter is thus $0.08.
Summary of Insider Activity:
Insiders traded EGY 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.
