With 7.66 million shares changed hands, the volume of the stock remained lighter than its average volume of 12.93 million shares. The 52-week range on IOVA shows that it touched its highest point at $12.51 and its lowest point at $1.64 during that stretch. It currently has a 1-year price target of $10.70. Beta for the stock currently stands at 0.86.
Price Performance and Earnings:
Three-month performance dropped to -58.68% while six-month performance fell -81.12%. The stock lost -81.96% in the past year, while it has lost -76.35% so far this year. A look at the trailing 12-month EPS for IOVA yields -1.23 with Next year EPS estimates of -0.77. For the next quarter, that number is -0.28. This implies an EPS growth rate of 12.10% for this year and 31.29% for next year. EPS is expected to grow by 47.62% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 4.17%.
Float and Shares Shorts:
At present, 333.93 million IOVA shares are outstanding with a float of 271.58 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 IOVA since 8 analysts follow the stock currently. There are 6 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 2 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 -$0.89478 being high and -$1.38954 being low. For IOVA, this leads to a yearly average estimate of -$1.2948. Based on analyst estimates, the high estimate for the next quarter is -$0.18 and the low estimate is -$0.29. The average estimate for the next quarter is thus -$0.25.
