With 0.55 million shares changed hands, the volume of the stock remained lighter than its average volume of 0.63 million shares. The 52-week range on TARS shows that it touched its highest point at $57.28 and its lowest point at $20.08 during that stretch. It currently has a 1-year price target of $67.78. Beta for the stock currently stands at 1.03.
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 TARS was up-trending over the past week, with a rise of 5.96%, but this was down by -10.95% over a month. Three-month performance dropped to -6.30% while six-month performance rose 54.14%. The stock gained 32.82% in the past year, while it has lost -14.85% so far this year. A look at the trailing 12-month EPS for TARS yields -3.10 with Next year EPS estimates of 1.10. For the next quarter, that number is -0.81. This implies an EPS growth rate of 42.49% for this year and 162.38% for next year.
Float and Shares Shorts:
At present, 38.35 million TARS shares are outstanding with a float of 33.09 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 TARS since 4 analysts follow the stock currently. There are 4 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 0 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 -$2.94389 being high and -$3.47176 being low. For TARS, this leads to a yearly average estimate of -$3.21798. Based on analyst estimates, the high estimate for the next quarter is -$0.25 and the low estimate is -$0.63. The average estimate for the next quarter is thus -$0.4.
