With 0.66 million shares changed hands, the volume of the stock remained lighter than its average volume of 0.79 million shares. The 52-week range on SPT shows that it touched its highest point at $39.74 and its lowest point at $18.52 during that stretch. It currently has a 1-year price target of $28.92. Beta for the stock currently stands at 1.04.
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 SPT was down-trending over the past week, with a drop of -8.67%, but this was up by 11.06% over a month. Three-month performance dropped to -23.65% while six-month performance fell -24.19%. The stock lost -31.81% in the past year, while it has lost -29.37% so far this year. A look at the trailing 12-month EPS for SPT yields -1.04 with Next year EPS estimates of 0.87. For the next quarter, that number is 0.15. This implies an EPS growth rate of 45.43% for this year and 20.00% for next year. EPS is expected to grow by 29.66% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of -2.58%.
Float and Shares Shorts:
At present, 51.85 million SPT shares are outstanding with a float of 50.03 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 SPT since 7 analysts follow the stock currently. There are 4 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 3 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 $0.48754 being high and $0.44734 being low. For SPT, this leads to a yearly average estimate of $0.46722. Based on analyst estimates, the high estimate for the next quarter is $0.19 and the low estimate is $0.15. The average estimate for the next quarter is thus $0.17.
