With 2.88 million shares changed hands, the volume of the stock remained heavier than its average volume of 1.57 million shares. The 52-week range on PHAT shows that it touched its highest point at $19.71 and its lowest point at $2.21 during that stretch. It currently has a 1-year price target of $17.62. Beta for the stock currently stands at 0.07.
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 PHAT was up-trending over the past week, with a rise of 22.09%, but this was down by -23.36% over a month. Three-month performance dropped to -41.77% while six-month performance fell -82.50%. The stock lost -68.81% in the past year, while it has lost -61.21% so far this year. A look at the trailing 12-month EPS for PHAT yields -5.24 with Next year EPS estimates of -0.47. For the next quarter, that number is -0.94. This implies an EPS growth rate of 40.05% for this year and 85.30% for next year.
Float and Shares Shorts:
At present, 69.64 million PHAT shares are outstanding with a float of 38.73 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 PHAT since 10 analysts follow the stock currently. There are 6 analysts who recommend BUY ratings, while 2 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 -$4.10123 being high and -$6.41489 being low. For PHAT, this leads to a yearly average estimate of -$5.29391.
