With 7.5 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.86 million shares. The 52-week range on IART shows that it touched its highest point at $32.66 and its lowest point at $14.45 during that stretch. It currently has a 1-year price target of $19.12. Beta for the stock currently stands at 1.27.
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 IART was down-trending over the past week, with a drop of -20.43%, but this was down by -33.80% over a month. Three-month performance dropped to -48.92% while six-month performance fell -31.83%. The stock lost -54.49% in the past year, while it has lost -41.45% so far this year. A look at the trailing 12-month EPS for IART yields -0.38 with Next year EPS estimates of 2.56. For the next quarter, that number is 0.48. This implies an EPS growth rate of -8.80% for this year and 9.66% for next year.
Float and Shares Shorts:
At present, 77.20 million IART shares are outstanding with a float of 66.10 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 IART since 5 analysts follow the stock currently. There are 2 analysts who recommend BUY ratings, while 1 suggest SELL ratings. Of the remaining analysts, 2 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 $2.47156 being high and $2.43154 being low. For IART, this leads to a yearly average estimate of $2.45155.
