With 1.33 million shares changed hands, the volume of the stock remained heavier than its average volume of 1.3 million shares. The 52-week range on BEAM shows that it touched its highest point at $39.14 and its lowest point at $20.84 during that stretch. It currently has a 1-year price target of $48.50. Beta for the stock currently stands at 1.90.
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 BEAM was up-trending over the past week, with a rise of 8.12%, but this was up by 2.37% over a month. Three-month performance surged to 9.62% while six-month performance rose 18.27%. The stock lost -26.05% in the past year, while it has gained 14.84% so far this year. A look at the trailing 12-month EPS for BEAM yields -4.58 with Next year EPS estimates of -5.01. For the next quarter, that number is -1.27. This implies an EPS growth rate of -9.24% for this year and -0.08% for next year. EPS is expected to decline by -2.49% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of -20.88%.
Float and Shares Shorts:
At present, 83.63 million BEAM shares are outstanding with a float of 73.69 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 BEAM since 6 analysts follow the stock currently. There are 4 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 -$4.4697 being high and -$4.808 being low. For BEAM, this leads to a yearly average estimate of -$4.68498. Based on analyst estimates, the high estimate for the next quarter is -$0.83 and the low estimate is -$1.49. The average estimate for the next quarter is thus -$1.21.
