With 6.18 million shares changed hands, the volume of the stock remained heavier than its average volume of 5.61 million shares. The 52-week range on BORR shows that it touched its highest point at $7.26 and its lowest point at $2.18 during that stretch. It currently has a 1-year price target of $4.41. Beta for the stock currently stands at 2.22.
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 BORR was down-trending over the past week, with a drop of -5.12%, but this was down by -32.49% over a month. Three-month performance dropped to -34.15% while six-month performance fell -56.96%. The stock lost -59.36% in the past year, while it has lost -38.21% so far this year. A look at the trailing 12-month EPS for BORR yields 0.30 with Next year EPS estimates of 0.16. For the next quarter, that number is -0.03. This implies an EPS growth rate of -25.47% for this year and -34.40% for next year.
Float and Shares Shorts:
At present, 244.93 million BORR shares are outstanding with a float of 222.73 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 BORR 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 $0.3925 being high and $0.30418 being low. For BORR, this leads to a yearly average estimate of $0.34153. Based on analyst estimates, the high estimate for the next quarter is $0.16 and the low estimate is $0.04. The average estimate for the next quarter is thus $0.1.
