With 0.91 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.5 million shares. The 52-week range on DOMO shows that it touched its highest point at $13.28 and its lowest point at $6.01 during that stretch. It currently has a 1-year price target of $12.80. Beta for the stock currently stands at 1.85.
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 DOMO was up-trending over the past week, with a rise of 17.05%, but this was up by 70.93% over a month. Three-month performance surged to 67.11% while six-month performance rose 34.53%. The stock gained 77.13% in the past year, while it has gained 79.38% so far this year. A look at the trailing 12-month EPS for DOMO yields -1.90 with Next year EPS estimates of -0.01. For the next quarter, that number is -0.05. This implies an EPS growth rate of 60.16% for this year and 96.29% for next year.
Float and Shares Shorts:
At present, 40.20 million DOMO shares are outstanding with a float of 32.77 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 DOMO since 3 analysts follow the stock currently. There are 1 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 -$0.20152 being high and -$0.29109 being low. For DOMO, this leads to a yearly average estimate of -$0.2575. Based on analyst estimates, the high estimate for the next quarter is -$0.03 and the low estimate is -$0.07. The average estimate for the next quarter is thus -$0.05.
