With 0.7 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.64 million shares. The 52-week range on ZK shows that it touched its highest point at $32.76 and its lowest point at $13.00 during that stretch. It currently has a 1-year price target of $36.39.
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 ZK was up-trending over the past week, with a rise of 16.80%, but this was up by 24.74% over a month. Three-month performance surged to 29.27% while six-month performance rose 100.77%. A look at the trailing 12-month EPS for ZK yields -4.75 with Next year EPS estimates of -0.55. For the next quarter, that number is -0.31. This implies an EPS growth rate of 35.74% for this year and 82.58% for next year.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for ZK since 4 analysts follow the stock currently. There are 4 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 0 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 -$0.58318 being high and -$5.7434 being low. For ZK, this leads to a yearly average estimate of -$3.16329. Based on analyst estimates, the high estimate for the next quarter is -$4.0 and the low estimate is -$4.0. The average estimate for the next quarter is thus -$4.0.
