With 1.8 million shares changed hands, the volume of the stock remained heavier than its average volume of 1.68 million shares. The 52-week range on THC shows that it touched its highest point at $171.20 and its lowest point at $109.82 during that stretch. It currently has a 1-year price target of $177.41. Beta for the stock currently stands at 1.65.
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 THC was up-trending over the past week, with a rise of 8.22%, but this was up by 37.33% over a month. Three-month performance surged to 23.99% while six-month performance rose 2.67%. The stock gained 25.80% in the past year, while it has gained 32.52% so far this year. A look at the trailing 12-month EPS for THC yields 15.12 with Next year EPS estimates of 13.58. For the next quarter, that number is 2.82. This implies an EPS growth rate of 6.58% for this year and 7.29% for next year.
Float and Shares Shorts:
At present, 92.89 million THC shares are outstanding with a float of 91.14 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 THC since 10 analysts follow the stock currently. There are 9 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 0 believe that the stock is worth HOLDING, 1 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 $11.46073 being high and $11.13214 being low. For THC, this leads to a yearly average estimate of $11.32133. Based on analyst estimates, the high estimate for the next quarter is $3.09 and the low estimate is $2.17. The average estimate for the next quarter is thus $2.65.
