With 1.03 million shares changed hands, the volume of the stock remained lighter than its average volume of 1.42 million shares. The 52-week range on VET shows that it touched its highest point at $12.68 and its lowest point at $5.14 during that stretch. It currently has a 1-year price target of $9.32. With its current market cap of 1.00 billion, VET has annualized dividend of $0.35 while the current yield stands at 5.40%. Beta for the stock currently stands at 1.15.
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 VET was down-trending over the past week, with a drop of -2.40%, but this was down by -0.31% over a month. Three-month performance dropped to -28.41% while six-month performance fell -30.56%. The stock lost -46.24% in the past year, while it has lost -30.85% so far this year. A look at the trailing 12-month EPS for VET yields -0.15 with Next year EPS estimates of -0.38. For the next quarter, that number is -0.19. This implies an EPS growth rate of 123.80% for this year and -868.16% for next year.
Float and Shares Shorts:
At present, 154.18 million VET shares are outstanding with a float of 152.64 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 VET since 4 analysts follow the stock currently. There are 2 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 $0.27981 being high and $0.1399 being low. For VET, this leads to a yearly average estimate of $0.20986.
