With 3.2 million shares changed hands, the volume of the stock remained lighter than its average volume of 5.18 million shares. The 52-week range on ESPR shows that it touched its highest point at $3.94 and its lowest point at $1.57 during that stretch. It currently has a 1-year price target of $6.62. Beta for the stock currently stands at 0.82.
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 ESPR was down-trending over the past week, with a drop of -0.59%, but this was down by -10.58% over a month. Three-month performance dropped to -48.00% while six-month performance fell -7.14%. The stock lost -29.58% in the past year, while it has lost -23.18% so far this year. A look at the trailing 12-month EPS for ESPR yields -0.27 with Next year EPS estimates of -0.16. For the next quarter, that number is -0.16. This implies an EPS growth rate of 79.37% for this year and -181.41% for next year.
Float and Shares Shorts:
At present, 195.85 million ESPR shares are outstanding with a float of 195.08 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 ESPR since 8 analysts follow the stock currently. There are 6 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 -$0.27388 being high and -$0.33961 being low. For ESPR, this leads to a yearly average estimate of -$0.3177. Based on analyst estimates, the high estimate for the next quarter is -$0.12 and the low estimate is -$0.18. The average estimate for the next quarter is thus -$0.14.
