With 4.96 million shares changed hands, the volume of the stock remained heavier than its average volume of 4.73 million shares. The 52-week range on SG shows that it touched its highest point at $45.12 and its lowest point at $12.37 during that stretch. It currently has a 1-year price target of $24.80. Beta for the stock currently stands at 2.05.
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 SG was up-trending over the past week, with a rise of 1.21%, but this was down by -31.11% over a month. Three-month performance dropped to -41.04% while six-month performance fell -69.48%. The stock lost -56.77% in the past year, while it has lost -58.14% so far this year. A look at the trailing 12-month EPS for SG yields -0.77 with Next year EPS estimates of -0.41. For the next quarter, that number is -0.09. This implies an EPS growth rate of 30.42% for this year and 26.22% for next year. EPS is expected to grow by 36.40% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of -4.72%.
Float and Shares Shorts:
At present, 105.76 million SG shares are outstanding with a float of 102.16 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 SG since 9 analysts follow the stock currently. There are 6 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 -$0.70707 being high and -$0.78674 being low. For SG, this leads to a yearly average estimate of -$0.73695. Based on analyst estimates, the high estimate for the next quarter is -$0.05 and the low estimate is -$0.17. The average estimate for the next quarter is thus -$0.1.
