With 0.51 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 LB shows that it touched its highest point at $85.22 and its lowest point at $18.75 during that stretch. It currently has a 1-year price target of $80.56. With its current market cap of 6.45 billion, LB has annualized dividend of $0.20 while the current yield stands at 0.24%.
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 LB was up-trending over the past week, with a rise of 15.86%, but this was up by 22.22% over a month. Three-month performance surged to 16.56% while six-month performance rose 19.52%. A look at the trailing 12-month EPS for LB yields -3.16 with Next year EPS estimates of 2.11. For the next quarter, that number is 0.37. This implies an EPS growth rate of 81.40% for this year and 33.03% for next year.
Float and Shares Shorts:
At present, 23.26 million LB shares are outstanding with a float of 23.06 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 LB since 11 analysts follow the stock currently. There are 8 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 3 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 $1.05635 being high and $1.00716 being low. For LB, this leads to a yearly average estimate of $1.01744. Based on analyst estimates, the high estimate for the next quarter is $0.49 and the low estimate is $0.49. The average estimate for the next quarter is thus $0.49.
