With 15.45 million shares changed hands, the volume of the stock remained heavier than its average volume of 13.06 million shares. The 52-week range on FSM shows that it touched its highest point at $6.36 and its lowest point at $3.16 during that stretch. It currently has a 1-year price target of $5.73. Beta for the stock currently stands at 1.41.
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 FSM was up-trending over the past week, with a rise of 10.49%, but this was down by -10.90% over a month. Three-month performance dropped to -4.05% while six-month performance rose 10.23%. The stock gained 54.90% in the past year, while it has gained 10.49% so far this year. A look at the trailing 12-month EPS for FSM yields 0.40 with Next year EPS estimates of 0.63. For the next quarter, that number is 0.18. This implies an EPS growth rate of 78.80% for this year and -13.75% for next year. EPS is expected to grow by 21.75% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 22.93%.
Float and Shares Shorts:
At present, 306.93 million FSM shares are outstanding with a float of 302.87 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 FSM since 4 analysts follow the stock currently. There are 1 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 3 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 $0.55574 being high and $0.50319 being low. For FSM, this leads to a yearly average estimate of $0.51287. Based on analyst estimates, the high estimate for the next quarter is $0.19 and the low estimate is $0.16. The average estimate for the next quarter is thus $0.18.
