With 1.22 million shares changed hands, the volume of the stock remained lighter than its average volume of 2.15 million shares. The 52-week range on GFS shows that it touched its highest point at $61.98 and its lowest point at $29.77 during that stretch. It currently has a 1-year price target of $43.47. Beta for the stock currently stands at 1.54.
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 GFS was down-trending over the past week, with a drop of -5.21%, but this was up by 13.20% over a month. Three-month performance dropped to -11.67% while six-month performance fell -11.62%. The stock lost -30.59% in the past year, while it has lost -12.65% so far this year. A look at the trailing 12-month EPS for GFS yields -0.35 with Next year EPS estimates of 2.20. For the next quarter, that number is 0.36. This implies an EPS growth rate of 3.74% for this year and 35.99% for next year. EPS is expected to grow by 20.39% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 18.83%.
Float and Shares Shorts:
At present, 554.73 million GFS shares are outstanding with a float of 104.62 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 GFS since 12 analysts follow the stock currently. There are 7 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 5 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 $1.56992 being high and $1.34517 being low. For GFS, this leads to a yearly average estimate of $1.54992. Based on analyst estimates, the high estimate for the next quarter is $0.49 and the low estimate is $0.32. The average estimate for the next quarter is thus $0.42.
