With 1.86 million shares changed hands, the volume of the stock remained heavier than its average volume of 1.22 million shares. The 52-week range on GES shows that it touched its highest point at $30.76 and its lowest point at $9.40 during that stretch. It currently has a 1-year price target of $18.67. With its current market cap of 579.92 million, GES has annualized dividend of $1.20 while the current yield stands at 10.65%. Beta for the stock currently stands at 1.51.
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 GES was up-trending over the past week, with a rise of 16.43%, but this was down by -7.24% over a month. Three-month performance dropped to -33.94% while six-month performance fell -41.70%. The stock lost -52.58% in the past year, while it has lost -19.84% so far this year. A look at the trailing 12-month EPS for GES yields 1.33 with Next year EPS estimates of 2.15. For the next quarter, that number is 1.41. This implies an EPS growth rate of -39.72% for this year and 13.70% for next year. EPS is expected to decline by -10.46% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 79.99%.
Float and Shares Shorts:
At present, 51.45 million GES shares are outstanding with a float of 30.18 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 GES 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 $2.76829 being high and $2.66799 being low. For GES, this leads to a yearly average estimate of $2.71814. Based on analyst estimates, the high estimate for the next quarter is -$0.04 and the low estimate is -$0.3. The average estimate for the next quarter is thus -$0.17.
