With 0.73 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.33 million shares. The 52-week range on MYE shows that it touched its highest point at $23.63 and its lowest point at $9.32 during that stretch. It currently has a 1-year price target of $22.00. With its current market cap of 488.95 million, MYE has annualized dividend of $0.54 while the current yield stands at 4.12%. Beta for the stock currently stands at 1.10.
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 MYE was up-trending over the past week, with a rise of 33.64%, but this was up by 6.85% over a month. Three-month performance surged to 5.56% while six-month performance fell -9.02%. The stock lost -38.80% in the past year, while it has gained 18.75% so far this year. A look at the trailing 12-month EPS for MYE yields 0.19 with Next year EPS estimates of 1.61. For the next quarter, that number is 0.19. This implies an EPS growth rate of 23.08% for this year and 25.78% for next year.
Float and Shares Shorts:
At present, 37.26 million MYE shares are outstanding with a float of 36.58 million shares on hand for trading.
Analysts Ratings:
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 $0.95 being high and $0.95 being low. For MYE, this leads to a yearly average estimate of $0.95. Based on analyst estimates, the high estimate for the next quarter is $0.4 and the low estimate is $0.4. The average estimate for the next quarter is thus $0.4.
