With 691.04 million shares changed hands, the volume of the stock remained heavier than its average volume of 3.58 million shares. The 52-week range on SYRS shows that it touched its highest point at $6.93 and its lowest point at $0.07 during that stretch. It currently has a 1-year price target of $20.00. Beta for the stock currently stands at 1.65.
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 SYRS was up-trending over the past week, with a rise of 60.00%, but this was down by -21.43% over a month. Three-month performance dropped to -42.47% while six-month performance fell -91.02%. The stock lost -98.04% in the past year, while it has lost -40.82% so far this year. A look at the trailing 12-month EPS for SYRS yields -3.03 with Next year EPS estimates of -0.95. For the next quarter, that number is -0.65. This implies an EPS growth rate of 74.11% for this year and 36.71% for next year. EPS is expected to grow by 52.99% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 21.16%.
Float and Shares Shorts:
At present, 26.83 million SYRS shares are outstanding with a float of 23.67 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 SYRS since 7 analysts follow the stock currently. There are 7 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 -$1.44839 being high and -$1.55052 being low. For SYRS, this leads to a yearly average estimate of -$1.5041. Based on analyst estimates, the high estimate for the next quarter is -$0.7 and the low estimate is -$0.72. The average estimate for the next quarter is thus $0.0.
