With 2.3 million shares changed hands, the volume of the stock remained lighter than its average volume of 3.46 million shares. The 52-week range on CG shows that it touched its highest point at $57.50 and its lowest point at $33.02 during that stretch. It currently has a 1-year price target of $49.48. With its current market cap of 16.05 billion, CG has annualized dividend of $1.40 while the current yield stands at 3.15%. 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 CG was down-trending over the past week, with a drop of -5.47%, but this was up by 21.43% over a month. Three-month performance dropped to -10.89% while six-month performance fell -12.64%. The stock gained 2.44% in the past year, while it has lost -12.00% so far this year. A look at the trailing 12-month EPS for CG yields 2.96 with Next year EPS estimates of 4.67. For the next quarter, that number is 0.88. This implies an EPS growth rate of 9.34% for this year and 16.57% for next year. EPS is expected to grow by 12.20% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of -0.31%.
Float and Shares Shorts:
At present, 360.88 million CG shares are outstanding with a float of 255.20 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 CG 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 $3.78575 being high and $3.55959 being low. For CG, this leads to a yearly average estimate of $3.67759. Based on analyst estimates, the high estimate for the next quarter is $1.13 and the low estimate is $0.87. The average estimate for the next quarter is thus $0.99.
