With 0.93 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.83 million shares. During the session, the Oil & Gas Midstream company that operates in wider Energy sector, reached to the highest price of $26.03 whereas the lowest price it dropped to was $25.59. The 52-week range on SOBO shows that it touched its highest point at $27.60 and its lowest point at $21.12 during that stretch. It currently has a 1-year price target of $25.29. With its current market cap of 5.32 billion, SOBO has annualized dividend of $0.50 while the current yield stands at 1.95%. SOBO paid its most recent dividend on 1735603200, while the ex-dividend date for that was 1743379200.
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 SOBO was up-trending over the past week, with a rise of 3.90%, but this was up by 1.75% over a month. A look at the trailing 12-month EPS for SOBO yields 0.48 with Next year EPS estimates of 1.84. For the next quarter, that number is 0.42. This implies an EPS growth rate of -10.84% for this year and 12.33% for next year.
Float and Shares Shorts:
At present, 208.00 million SOBO shares are outstanding with a float of 207.76 million shares on hand for trading. On 2025-02-28, short shares totaled 5.48 million, which was 263.00002 higher than short shares on 1738281600. In addition to Mr. Bevin Mark Wirzba M.B.A., P.Eng. as the firm’s President, CEO & Director, Mr. Richard J. Prior serves as its Senior VP & COO.
Institutional Ownership:
Through their ownership of 0.69539 of SOBO’s outstanding shares, institutional investors have minority control over the company.
An Overview of Recent Financials:
Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-12-31, SOBO reported revenue of $476870059.507949 and operating income of $153621251.14723. The EBITDA in the recently reported quarter was $213411611.451579 and diluted EPS was $nan.
Analysts Ratings:
In the same way, a target price assigned to a stock can also reveal much about its potential. With SOBO analysts setting a high price target of 27.0 and a low target of 25.0, the average target price over the next 12 months is 25.66667. Based on these targets, SOBO could surge 5.51% to reach the target high and fall by -2.31% to reach the target low. Reaching the average price target will result in a growth of 0.3% from current levels.
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 $1.88771 being high and $1.62241 being low. For SOBO, this leads to a yearly average estimate of $1.76526. Based on analyst estimates, the high estimate for the next quarter is $0.44 and the low estimate is $0.34. The average estimate for the next quarter is thus $0.4.
