With 3.27 million shares changed hands, the volume of the stock remained heavier than its average volume of 2.8 million shares. The 52-week range on BBIO shows that it touched its highest point at $39.47 and its lowest point at $21.62 during that stretch. It currently has a 1-year price target of $54.73. Beta for the stock currently stands at 1.12.
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 BBIO was down-trending over the past week, with a drop of -9.54%, but this was down by -5.87% over a month. Three-month performance surged to 18.77% while six-month performance rose 2.93%. The stock gained 6.66% in the past year, while it has gained 15.05% so far this year. A look at the trailing 12-month EPS for BBIO yields -2.85 with Next year EPS estimates of -2.77. For the next quarter, that number is -0.94. This implies an EPS growth rate of -25.75% for this year and 23.61% for next year. EPS is expected to grow by 41.46% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of -3.04%.
Float and Shares Shorts:
At present, 190.04 million BBIO shares are outstanding with a float of 149.23 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 BBIO since 9 analysts follow the stock currently. There are 9 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 -$2.30756 being high and -$2.69052 being low. For BBIO, this leads to a yearly average estimate of -$2.51377.
