With 57.18 million shares changed hands, the volume of the stock remained lighter than its average volume of 58.56 million shares. The 52-week range on SOFI shows that it touched its highest point at $18.42 and its lowest point at $6.01 during that stretch. It currently has a 1-year price target of $13.70. Beta for the stock currently stands at 1.83.
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 SOFI was down-trending over the past week, with a drop of -2.21%, but this was up by 25.05% over a month. Three-month performance dropped to -18.42% while six-month performance rose 1.70%. The stock gained 88.86% in the past year, while it has lost -10.84% so far this year. A look at the trailing 12-month EPS for SOFI yields 0.42 with Next year EPS estimates of 0.53. For the next quarter, that number is 0.06. This implies an EPS growth rate of -29.72% for this year and 95.06% for next year.
Float and Shares Shorts:
At present, 1.10 billion SOFI shares are outstanding with a float of 1.08 billion 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 SOFI since 14 analysts follow the stock currently. There are 5 analysts who recommend BUY ratings, while 2 suggest SELL ratings. Of the remaining analysts, 7 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 $0.1406 being high and $0.11047 being low. For SOFI, this leads to a yearly average estimate of $0.12051.
