With 0.54 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.25 million shares. The 52-week range on TREE shows that it touched its highest point at $62.49 and its lowest point at $33.58 during that stretch. It currently has a 1-year price target of $66.57. Beta for the stock currently stands at 2.00.
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 TREE was up-trending over the past week, with a rise of 20.38%, but this was up by 8.12% over a month. Three-month performance surged to 21.95% while six-month performance fell -11.36%. The stock gained 20.77% in the past year, while it has gained 25.47% so far this year. A look at the trailing 12-month EPS for TREE yields -3.14 with Next year EPS estimates of 3.09. For the next quarter, that number is 0.19. This implies an EPS growth rate of 159.95% for this year and 64.20% for next year.
Float and Shares Shorts:
At present, 13.39 million TREE shares are outstanding with a float of 10.88 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 TREE 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 -$3.30722 being high and -$4.0757 being low. For TREE, this leads to a yearly average estimate of -$3.66401. Based on analyst estimates, the high estimate for the next quarter is $1.14 and the low estimate is $0.62. The average estimate for the next quarter is thus $0.8.
