With 0.85 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.74 million shares. The 52-week range on IHS shows that it touched its highest point at $6.17 and its lowest point at $2.44 during that stretch. It currently has a 1-year price target of $7.64. Beta for the stock currently stands at 0.96.
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 IHS was up-trending over the past week, with a rise of 10.18%, but this was up by 23.38% over a month. Three-month performance surged to 58.99% while six-month performance rose 137.88%. The stock gained 89.73% in the past year, while it has gained 115.07% so far this year. A look at the trailing 12-month EPS for IHS yields -4.91 with Next year EPS estimates of 0.60. For the next quarter, that number is 0.14. This implies an EPS growth rate of 108.12% for this year and 51.01% for next year.
Float and Shares Shorts:
At present, 333.44 million IHS shares are outstanding with a float of 151.24 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 IHS 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 -$5.48647 being high and -$5.71185 being low. For IHS, this leads to a yearly average estimate of -$5.6121.
