With 0.63 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.35 million shares. The 52-week range on GLPG shows that it touched its highest point at $31.23 and its lowest point at $22.36 during that stretch. It currently has a 1-year price target of $31.17. Beta for the stock currently stands at 0.07.
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 GLPG was up-trending over the past week, with a rise of 7.15%, but this was up by 12.86% over a month. Three-month performance surged to 7.63% while six-month performance rose 6.59%. The stock lost -1.37% in the past year, while it has gained 4.65% so far this year. A look at the trailing 12-month EPS for GLPG yields -2.73 with Next year EPS estimates of -1.47. For the next quarter, that number is -0.21. This implies an EPS growth rate of -341.04% for this year and 47.71% for next year.
Float and Shares Shorts:
At present, 65.90 million GLPG shares are outstanding with a float of 49.19 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 GLPG since 3 analysts follow the stock currently. There are 2 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 1 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 $0.32618 being high and -$0.68012 being low. For GLPG, this leads to a yearly average estimate of -$0.30536. Based on analyst estimates, the high estimate for the next quarter is $0.12 and the low estimate is -$0.13. The average estimate for the next quarter is thus -$0.01.
