With 2.44 million shares changed hands, the volume of the stock remained lighter than its average volume of 2.86 million shares. The 52-week range on SWK shows that it touched its highest point at $110.88 and its lowest point at $53.91 during that stretch. It currently has a 1-year price target of $81.36. With its current market cap of 10.26 billion, SWK has annualized dividend of $3.27 while the current yield stands at 4.93%. Beta for the stock currently stands at 1.18.
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 SWK was down-trending over the past week, with a drop of -6.17%, but this was up by 12.17% over a month. Three-month performance dropped to -24.57% while six-month performance fell -23.38%. The stock lost -25.93% in the past year, while it has lost -17.37% so far this year. A look at the trailing 12-month EPS for SWK yields 2.35 with Next year EPS estimates of 5.65. For the next quarter, that number is 0.41. This implies an EPS growth rate of -2.09% for this year and 32.35% for next year. EPS is expected to grow by 15.95% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of -20.90%.
Float and Shares Shorts:
At present, 154.69 million SWK shares are outstanding with a float of 154.19 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 SWK since 10 analysts follow the stock currently. There are 5 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 $4.20759 being high and $4.0473 being low. For SWK, this leads to a yearly average estimate of $4.14748.
