With 5.26 million shares changed hands, the volume of the stock remained lighter than its average volume of 14.09 million shares. The 52-week range on IAG shows that it touched its highest point at $8.38 and its lowest point at $3.44 during that stretch. It currently has a 1-year price target of $9.35. Beta for the stock currently stands at 1.12.
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 IAG was up-trending over the past week, with a rise of 1.75%, but this was down by -18.26% over a month. Three-month performance surged to 0.47% while six-month performance rose 28.51%. The stock gained 42.86% in the past year, while it has gained 24.03% so far this year. A look at the trailing 12-month EPS for IAG yields 1.41 with Next year EPS estimates of 1.04. For the next quarter, that number is 0.17. This implies an EPS growth rate of 43.29% for this year and 34.48% for next year.
Float and Shares Shorts:
At present, 575.00 million IAG shares are outstanding with a float of 557.52 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 IAG since 14 analysts follow the stock currently. There are 5 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 9 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 $0.62547 being high and $0.50819 being low. For IAG, this leads to a yearly average estimate of $0.56683. Based on analyst estimates, the high estimate for the next quarter is $0.28 and the low estimate is $0.18. The average estimate for the next quarter is thus $0.22.
