With 1.24 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.56 million shares. The 52-week range on BLUE shows that it touched its highest point at $28.60 and its lowest point at $3.20 during that stretch. It currently has a 1-year price target of $8.00. Beta for the stock currently stands at 0.33.
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 BLUE was down-trending over the past week, with a drop of -0.40%, but this was up by 21.81% over a month. Three-month performance surged to 21.81% while six-month performance fell -31.30%. The stock lost -73.57% in the past year, while it has lost -40.41% so far this year. A look at the trailing 12-month EPS for BLUE yields -20.61 with Next year EPS estimates of -8.56. For the next quarter, that number is -3.27. This implies an EPS growth rate of 41.48% for this year and 40.84% for next year. EPS is expected to grow by 34.78% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 38.66%.
Float and Shares Shorts:
At present, 9.79 million BLUE shares are outstanding with a float of 9.69 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 BLUE since 4 analysts follow the stock currently. There are 2 analysts who recommend BUY ratings, while 1 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 -$22.16756 being high and -$26.30202 being low. For BLUE, this leads to a yearly average estimate of -$24.54555.
