With 4.77 million shares changed hands, the volume of the stock remained heavier than its average volume of 2.26 million shares. The 52-week range on GO shows that it touched its highest point at $29.13 and its lowest point at $10.26 during that stretch. It currently has a 1-year price target of $13.93. Beta for the stock currently stands at 0.47.
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 GO was up-trending over the past week, with a rise of 18.80%, but this was down by -22.24% over a month. Three-month performance dropped to -31.64% while six-month performance fell -20.82%. The stock lost -48.33% in the past year, while it has lost -13.77% so far this year. A look at the trailing 12-month EPS for GO yields 0.40 with Next year EPS estimates of 0.86. For the next quarter, that number is 0.07. This implies an EPS growth rate of -5.80% for this year and 18.80% for next year. EPS is expected to grow by 5.97% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 16.03%.
Float and Shares Shorts:
At present, 97.26 million GO shares are outstanding with a float of 92.63 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 GO since 8 analysts follow the stock currently. There are 6 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 2 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 $0.79551 being high and $0.76568 being low. For GO, this leads to a yearly average estimate of $0.78557. Based on analyst estimates, the high estimate for the next quarter is $0.29 and the low estimate is $0.19. The average estimate for the next quarter is thus $0.22.
