With 0.79 million shares changed hands, the volume of the stock remained lighter than its average volume of 1.2 million shares. The 52-week range on SAGE shows that it touched its highest point at $13.47 and its lowest point at $4.62 during that stretch. It currently has a 1-year price target of $8.18. Beta for the stock currently stands at 0.20.
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 SAGE was up-trending over the past week, with a rise of 4.74%, but this was down by -4.85% over a month. Three-month performance dropped to -1.53% while six-month performance rose 23.39%. The stock lost -39.62% in the past year, while it has gained 30.20% so far this year. A look at the trailing 12-month EPS for SAGE yields -5.80 with Next year EPS estimates of -2.79. For the next quarter, that number is -0.95. This implies an EPS growth rate of 46.68% for this year and 20.53% for next year. EPS is expected to grow by 36.05% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 13.20%.
Float and Shares Shorts:
At present, 62.54 million SAGE shares are outstanding with a float of 55.09 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 SAGE since 8 analysts follow the stock currently. There are 3 analysts who recommend BUY ratings, while 1 suggest SELL ratings. Of the remaining analysts, 4 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 -$5.96618 being high and -$7.00552 being low. For SAGE, this leads to a yearly average estimate of -$6.45587.
