With 12.9 million shares changed hands, the volume of the stock remained heavier than its average volume of 8.2 million shares. The 52-week range on ONDS shows that it touched its highest point at $3.40 and its lowest point at $0.54 during that stretch. It currently has a 1-year price target of $2.25.
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 ONDS was up-trending over the past week, with a rise of 18.03%, but this was up by 10.31% over a month. Three-month performance dropped to -40.64% while six-month performance rose 29.31%. The stock gained 18.82% in the past year, while it has lost -61.74% so far this year. A look at the trailing 12-month EPS for ONDS yields -0.58 with Next year EPS estimates of -0.20. For the next quarter, that number is -0.09. This implies an EPS growth rate of 38.36% for this year and 48.14% for next year.
Float and Shares Shorts:
At present, 127.72 million ONDS shares are outstanding with a float of 121.13 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 ONDS since 1 analysts follow the stock currently. There are 1 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 -$0.50278 being high and -$0.54222 being low. For ONDS, this leads to a yearly average estimate of -$0.5225. Based on analyst estimates, the high estimate for the next quarter is -$0.06 and the low estimate is -$0.06. The average estimate for the next quarter is thus -$0.06.
