With 2.27 million shares changed hands, the volume of the stock remained heavier than its average volume of 1.4 million shares. The 52-week range on EYE shows that it touched its highest point at $24.11 and its lowest point at $9.56 during that stretch. It currently has a 1-year price target of $14.35. Beta for the stock currently stands at 1.27.
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 EYE was down-trending over the past week, with a drop of -7.82%, but this was down by -0.09% over a month. Three-month performance surged to 3.73% while six-month performance rose 14.52%. The stock lost -48.50% in the past year, while it has gained 12.00% so far this year. A look at the trailing 12-month EPS for EYE yields -0.36 with Next year EPS estimates of 0.66. For the next quarter, that number is 0.32. This implies an EPS growth rate of 9.74% for this year and 15.80% for next year.
Float and Shares Shorts:
At present, 78.78 million EYE shares are outstanding with a float of 76.98 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 EYE 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 $0.55301 being high and $0.51205 being low. For EYE, this leads to a yearly average estimate of $0.52229. Based on analyst estimates, the high estimate for the next quarter is $0.16 and the low estimate is $0.0. The average estimate for the next quarter is thus $0.11.
