With 0.48 million shares changed hands, the volume of the stock remained lighter than its average volume of 0.55 million shares. The 52-week range on ATGE shows that it touched its highest point at $140.12 and its lowest point at $62.28 during that stretch. It currently has a 1-year price target of $145.00. Beta for the stock currently stands at 0.95.
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 ATGE was up-trending over the past week, with a rise of 2.29%, but this was up by 27.23% over a month. Three-month performance surged to 27.38% while six-month performance rose 50.15%. The stock gained 104.41% in the past year, while it has gained 48.50% so far this year. A look at the trailing 12-month EPS for ATGE yields 6.03 with Next year EPS estimates of 7.46. For the next quarter, that number is 1.53. This implies an EPS growth rate of 30.49% for this year and 14.15% for next year. EPS is expected to grow by 19.50% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 9.35%.
Float and Shares Shorts:
At present, 36.51 million ATGE shares are outstanding with a float of 35.10 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 ATGE since 4 analysts follow the stock currently. There are 4 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 $4.97531 being high and $4.90284 being low. For ATGE, this leads to a yearly average estimate of $4.9295.
