With 3.25 million shares changed hands, the volume of the stock remained heavier than its average volume of 2.36 million shares. The 52-week range on INFA shows that it touched its highest point at $39.80 and its lowest point at $16.37 during that stretch. It currently has a 1-year price target of $20.80. Beta for the stock currently stands at 1.04.
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 INFA was down-trending over the past week, with a drop of -3.82%, but this was down by -30.69% over a month. Three-month performance dropped to -34.68% while six-month performance fell -26.71%. The stock lost -43.88% in the past year, while it has lost -31.01% so far this year. A look at the trailing 12-month EPS for INFA yields 0.03 with Next year EPS estimates of 1.34. For the next quarter, that number is 0.24. This implies an EPS growth rate of 8.49% for this year and 8.20% for next year.
Float and Shares Shorts:
At present, 259.49 million INFA shares are outstanding with a float of 171.86 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 INFA since 7 analysts follow the stock currently. There are 4 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 $1.11553 being high and $1.07533 being low. For INFA, this leads to a yearly average estimate of $1.10548.
