With 2.11 million shares changed hands, the volume of the stock remained lighter than its average volume of 4.78 million shares. During the session, the Computer Hardware company that operates in wider Technology sector, reached to the highest price of $48.395 whereas the lowest price it dropped to was $47.02. The 52-week range on SNDK shows that it touched its highest point at $58.36 and its lowest point at $34.99 during that stretch. It currently has a 1-year price target of $65.00.
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 SNDK was down-trending over the past week, with a drop of -10.15%, but this was up by 1.62% over a month.
Float and Shares Shorts:
At present, 114.86 million SNDK shares are outstanding with a float of 91.25 million shares on hand for trading.
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. Over the past year, revenue came in at $5.60B while operating income stood at $696.55M. It generated $104000000.0 net income for the quarter, which came to $427.81M over the last twelve months. The EBITDA in the recently reported quarter was $146000000.0 and diluted EPS was $0.722222. EBITDA for the full year was $1.37B.
Analysts Ratings:
In the same way, a target price assigned to a stock can also reveal much about its potential. With SNDK analysts setting a high price target of 84.0 and a low target of 37.0, the average target price over the next 12 months is 61.0. Based on these targets, SNDK could surge 76.43% to reach the target high and fall by -22.29% to reach the target low. Reaching the average price target will result in a growth of 28.12% 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. Based on analyst estimates, the high estimate for the next quarter is -$0.37 and the low estimate is -$0.42. The average estimate for the next quarter is thus -$0.39.
