With 1.44 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.55 million shares. The 52-week range on PACK shows that it touched its highest point at $9.04 and its lowest point at $2.91 during that stretch. It currently has a 1-year price target of $6.33. Beta for the stock currently stands at 2.71.
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 PACK was down-trending over the past week, with a drop of -2.35%, but this was down by -18.98% over a month. Three-month performance dropped to -50.22% while six-month performance fell -57.47%. The stock lost -47.81% in the past year, while it has lost -51.60% so far this year. A look at the trailing 12-month EPS for PACK yields -0.26 with Next year EPS estimates of -0.08. For the next quarter, that number is -0.08. This implies an EPS growth rate of 6.73% for this year and 61.90% for next year.
Float and Shares Shorts:
At present, 84.22 million PACK shares are outstanding with a float of 75.94 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 PACK since 1 analysts follow the stock currently. There are 1 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 0 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 -$0.15442 being high and -$0.15843 being low. For PACK, this leads to a yearly average estimate of -$0.15667. Based on analyst estimates, the high estimate for the next quarter is $0.01 and the low estimate is $0.01. The average estimate for the next quarter is thus $0.01.
