With 0.66 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.47 million shares. The 52-week range on SIBN shows that it touched its highest point at $20.05 and its lowest point at $11.70 during that stretch. It currently has a 1-year price target of $24.67. Beta for the stock currently stands at 0.98.
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 SIBN was up-trending over the past week, with a rise of 3.57%, but this was up by 40.43% over a month. Three-month performance surged to 8.54% while six-month performance rose 48.02%. The stock gained 28.72% in the past year, while it has gained 38.73% so far this year. A look at the trailing 12-month EPS for SIBN yields -0.64 with Next year EPS estimates of -0.44. For the next quarter, that number is -0.18. This implies an EPS growth rate of 15.56% for this year and 30.00% for next year. EPS is expected to grow by 21.46% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 13.67%.
Float and Shares Shorts:
At present, 42.48 million SIBN shares are outstanding with a float of 36.92 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 SIBN since 7 analysts follow the stock currently. There are 5 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 2 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 -$0.65366 being high and -$0.83467 being low. For SIBN, this leads to a yearly average estimate of -$0.78439.
