With 1.98 million shares changed hands, the volume of the stock remained heavier than its average volume of 1.62 million shares. The 52-week range on SOC shows that it touched its highest point at $32.33 and its lowest point at $11.82 during that stretch. It currently has a 1-year price target of $27.83. Beta for the stock currently stands at 0.72.
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 SOC was up-trending over the past week, with a rise of 25.48%, but this was up by 47.17% over a month. Three-month performance dropped to -5.47% while six-month performance rose 23.86%. The stock gained 146.67% in the past year, while it has gained 26.03% so far this year. A look at the trailing 12-month EPS for SOC yields -8.34 with Next year EPS estimates of 1.96. For the next quarter, that number is -0.19. This implies an EPS growth rate of 90.68% for this year and 393.41% for next year.
Float and Shares Shorts:
At present, 89.34 million SOC shares are outstanding with a float of 68.31 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 SOC since 2 analysts follow the stock currently. There are 2 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 0 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 -$5.75548 being high and -$9.19414 being low. For SOC, this leads to a yearly average estimate of -$7.79185.
