With 0.71 million shares changed hands, the volume of the stock remained lighter than its average volume of 1.1 million shares. The 52-week range on SGRY shows that it touched its highest point at $33.97 and its lowest point at $19.50 during that stretch. It currently has a 1-year price target of $31.45. Beta for the stock currently stands at 1.93.
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 SGRY was down-trending over the past week, with a drop of -4.38%, but this was up by 6.60% over a month. Three-month performance dropped to -10.71% while six-month performance rose 3.53%. The stock lost -11.27% in the past year, while it has gained 6.75% so far this year. A look at the trailing 12-month EPS for SGRY yields -1.53 with Next year EPS estimates of 1.24. For the next quarter, that number is 0.17. This implies an EPS growth rate of 10.54% for this year and 20.98% for next year. EPS is expected to grow by 14.64% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 10.25%.
Float and Shares Shorts:
At present, 128.19 million SGRY shares are outstanding with a float of 75.91 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 SGRY since 8 analysts follow the stock currently. There are 5 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 $0.89952 being high and $0.78345 being low. For SGRY, this leads to a yearly average estimate of $0.85116. Based on analyst estimates, the high estimate for the next quarter is $0.33 and the low estimate is $0.06. The average estimate for the next quarter is thus $0.23.
