With 0.74 million shares changed hands, the volume of the stock remained lighter than its average volume of 0.91 million shares. The 52-week range on CLDX shows that it touched its highest point at $49.65 and its lowest point at $18.61 during that stretch. It currently has a 1-year price target of $63.55. Beta for the stock currently stands at 1.54.
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 CLDX was up-trending over the past week, with a rise of 1.09%, but this was down by -16.02% over a month. Three-month performance dropped to -26.41% while six-month performance fell -55.00%. The stock lost -59.71% in the past year, while it has lost -22.60% so far this year. A look at the trailing 12-month EPS for CLDX yields -2.45 with Next year EPS estimates of -3.93. For the next quarter, that number is -0.76. This implies an EPS growth rate of -34.42% for this year and -19.41% for next year. EPS is expected to decline by -14.18% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 6.91%.
Float and Shares Shorts:
At present, 66.37 million CLDX shares are outstanding with a float of 64.70 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 CLDX since 4 analysts follow the stock currently. There are 3 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 1 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 -$2.37559 being high and -$2.61514 being low. For CLDX, this leads to a yearly average estimate of -$2.4754. Based on analyst estimates, the high estimate for the next quarter is -$0.65 and the low estimate is -$0.92. The average estimate for the next quarter is thus -$0.79.
