With 0.53 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.39 million shares. The 52-week range on BLZE shows that it touched its highest point at $12.65 and its lowest point at $4.91 during that stretch. It currently has a 1-year price target of $12.32. Beta for the stock currently stands at 0.94.
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 BLZE was down-trending over the past week, with a drop of -17.28%, but this was down by -14.26% over a month. Three-month performance dropped to -21.48% while six-month performance fell -8.31%. The stock lost -50.95% in the past year, while it has lost -10.13% so far this year. A look at the trailing 12-month EPS for BLZE yields -1.11 with Next year EPS estimates of 0.01. For the next quarter, that number is -0.06. This implies an EPS growth rate of 61.20% for this year and 105.28% for next year.
Float and Shares Shorts:
At present, 53.38 million BLZE shares are outstanding with a float of 36.48 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 BLZE since 2 analysts follow the stock currently. There are 2 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 -$0.4085 being high and -$0.45957 being low. For BLZE, this leads to a yearly average estimate of -$0.43914. Based on analyst estimates, the high estimate for the next quarter is -$0.04 and the low estimate is -$0.05. The average estimate for the next quarter is thus -$0.05.
