With 0.84 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.61 million shares. The 52-week range on LB shows that it touched its highest point at $84.70 and its lowest point at $18.75 during that stretch. It currently has a 1-year price target of $77.00. With its current market cap of 5.18 billion, LB has annualized dividend of $0.20 while the current yield stands at 0.30%.
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 LB was down-trending over the past week, with a drop of -2.11%, but this was down by -2.88% over a month. Three-month performance dropped to -9.51% while six-month performance rose 95.38%. A look at the trailing 12-month EPS for LB yields -2.62 with Next year EPS estimates of 2.11. For the next quarter, that number is 0.39. This implies an EPS growth rate of 98.22% for this year and 23.74% for next year.
Float and Shares Shorts:
At present, 23.26 million LB shares are outstanding with a float of 22.60 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 LB since 11 analysts follow the stock currently. There are 8 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 3 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 $1.09981 being high and $1.00716 being low. For LB, this leads to a yearly average estimate of $1.01744. Based on analyst estimates, the high estimate for the next quarter is $0.43 and the low estimate is $0.34. The average estimate for the next quarter is thus $0.39.
