With 1.35 million shares changed hands, the volume of the stock remained lighter than its average volume of 1.83 million shares. The 52-week range on PTLO shows that it touched its highest point at $15.78 and its lowest point at $8.38 during that stretch. It currently has a 1-year price target of $16.50. Beta for the stock currently stands at 1.78.
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 PTLO was up-trending over the past week, with a rise of 0.50%, but this was down by -3.97% over a month. Three-month performance surged to 32.23% while six-month performance rose 17.41%. The stock gained 0.57% in the past year, while it has gained 49.26% so far this year. A look at the trailing 12-month EPS for PTLO yields 0.46 with Next year EPS estimates of 0.51. For the next quarter, that number is 0.05. This implies an EPS growth rate of -13.52% for this year and 28.53% for next year.
Float and Shares Shorts:
At present, 63.67 million PTLO shares are outstanding with a float of 59.16 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 PTLO since 6 analysts follow the stock currently. There are 5 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 $0.36279 being high and $0.30551 being low. For PTLO, this leads to a yearly average estimate of $0.33415. Based on analyst estimates, the high estimate for the next quarter is $0.13 and the low estimate is $0.11. The average estimate for the next quarter is thus $0.12.
