With 4.04 million shares changed hands, the volume of the stock remained lighter than its average volume of 27.88 million shares. The 52-week range on QSI shows that it touched its highest point at $5.77 and its lowest point at $0.61 during that stretch. It currently has a 1-year price target of $3.38. Beta for the stock currently stands at 2.76.
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 QSI was down-trending over the past week, with a drop of -14.49%, but this was down by -42.16% over a month. Three-month performance dropped to -1.67% while six-month performance rose 29.56%. The stock lost -43.54% in the past year, while it has lost -56.30% so far this year. A look at the trailing 12-month EPS for QSI yields -0.70 with Next year EPS estimates of -0.54. For the next quarter, that number is -0.15. This implies an EPS growth rate of 17.84% for this year and 7.43% for next year. EPS is expected to grow by 17.64% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 43.26%.
Float and Shares Shorts:
At present, 146.95 million QSI shares are outstanding with a float of 137.75 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 -$0.58095 being high and -$0.69477 being low. For QSI, this leads to a yearly average estimate of -$0.64077. Based on analyst estimates, the high estimate for the next quarter is -$0.15 and the low estimate is -$0.15. The average estimate for the next quarter is thus -$0.15.
