With 1.98 million shares changed hands, the volume of the stock remained lighter than its average volume of 2.19 million shares. The 52-week range on CRSP shows that it touched its highest point at $79.33 and its lowest point at $36.52 during that stretch. It currently has a 1-year price target of $80.33. Beta for the stock currently stands at 1.74.
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 CRSP was down-trending over the past week, with a drop of -2.49%, but this was up by 6.70% over a month. Three-month performance dropped to -14.42% while six-month performance fell -5.04%. The stock lost -46.62% in the past year, while it has gained 7.65% so far this year. A look at the trailing 12-month EPS for CRSP yields -4.36 with Next year EPS estimates of -4.05. For the next quarter, that number is -1.23. This implies an EPS growth rate of -10.94% for this year and 15.91% for next year.
Float and Shares Shorts:
At present, 85.74 million CRSP shares are outstanding with a float of 82.07 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 CRSP since 8 analysts follow the stock currently. There are 6 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 2 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 -$4.73431 being high and -$6.5427 being low. For CRSP, this leads to a yearly average estimate of -$5.16101. Based on analyst estimates, the high estimate for the next quarter is -$0.86 and the low estimate is -$1.78. The average estimate for the next quarter is thus -$1.28.
