With 2.56 million shares changed hands, the volume of the stock remained heavier than its average volume of 2.26 million shares. The 52-week range on AIOT shows that it touched its highest point at $8.71 and its lowest point at $2.88 during that stretch. It currently has a 1-year price target of $11.50. Beta for the stock currently stands at 1.52.
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 AIOT was down-trending over the past week, with a drop of -15.89%, but this was down by -1.00% over a month. Three-month performance dropped to -15.77% while six-month performance rose 28.08%. The stock gained 88.85% in the past year, while it has lost -10.96% so far this year. A look at the trailing 12-month EPS for AIOT yields -0.51 with Next year EPS estimates of 0.21. For the next quarter, that number is -0.01. This implies an EPS growth rate of -1020.76% for this year and 184.27% for next year. EPS is expected to grow by 120.23% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of -30.10%.
Float and Shares Shorts:
At present, 132.49 million AIOT shares are outstanding with a float of 125.16 million shares on hand for trading.
Analysts Ratings:
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 -$0.03828125 being high and -$0.11812 being low. For AIOT, this leads to a yearly average estimate of -$0.07. Based on analyst estimates, the high estimate for the next quarter is $0.08 and the low estimate is $0.01. The average estimate for the next quarter is thus $0.05.
