With 0.76 million shares changed hands, the volume of the stock remained lighter than its average volume of 1.42 million shares. The 52-week range on UDMY shows that it touched its highest point at $10.61 and its lowest point at $5.68 during that stretch. It currently has a 1-year price target of $9.14. Beta for the stock currently stands at 1.82.
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 UDMY was down-trending over the past week, with a drop of -5.24%, but this was up by 7.78% over a month. Three-month performance dropped to -13.77% while six-month performance fell -19.03%. The stock lost -35.74% in the past year, while it has lost -20.90% so far this year. A look at the trailing 12-month EPS for UDMY yields -0.46 with Next year EPS estimates of 0.57. For the next quarter, that number is 0.12. This implies an EPS growth rate of 168.75% for this year and 32.56% for next year. EPS is expected to grow by 53.62% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of -2.45%.
Float and Shares Shorts:
At present, 148.49 million UDMY shares are outstanding with a float of 78.22 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 UDMY since 4 analysts follow the stock currently. There are 3 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 $0.15704 being high and $0.07852 being low. For UDMY, this leads to a yearly average estimate of $0.11778.