With 0.5 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.27 million shares. The 52-week range on IMCR shows that it touched its highest point at $66.00 and its lowest point at $27.69 during that stretch. It currently has a 1-year price target of $65.19. Beta for the stock currently stands at 0.77.
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 IMCR was down-trending over the past week, with a drop of -2.84%, but this was down by -5.42% over a month. Three-month performance dropped to -8.23% while six-month performance fell -14.91%. The stock lost -54.91% in the past year, while it has lost -3.66% so far this year. A look at the trailing 12-month EPS for IMCR yields -1.03 with Next year EPS estimates of -1.73. For the next quarter, that number is -0.38. This implies an EPS growth rate of -45.09% for this year and -16.67% for next year.
Float and Shares Shorts:
At present, 50.06 million IMCR shares are outstanding with a float of 44.20 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 IMCR since 7 analysts follow the stock currently. There are 6 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 -$0.43652 being high and -$1.02548 being low. For IMCR, this leads to a yearly average estimate of -$0.65132. Based on analyst estimates, the high estimate for the next quarter is -$0.15 and the low estimate is -$0.56. The average estimate for the next quarter is thus -$0.39.
