With 3.14 million shares changed hands, the volume of the stock remained lighter than its average volume of 4.05 million shares. The 52-week range on ULCC shows that it touched its highest point at $10.26 and its lowest point at $2.79 during that stretch. It currently has a 1-year price target of $4.72. Beta for the stock currently stands at 2.68.
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 ULCC was up-trending over the past week, with a rise of 9.26%, but this was up by 28.94% over a month. Three-month performance dropped to -42.14% while six-month performance fell -28.01%. The stock lost -23.76% in the past year, while it has lost -43.60% so far this year. A look at the trailing 12-month EPS for ULCC yields 0.30 with Next year EPS estimates of 0.37. For the next quarter, that number is -0.20. This implies an EPS growth rate of -189.56% for this year and 285.55% for next year. EPS is expected to grow by 59.05% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of -19.57%.
Float and Shares Shorts:
At present, 227.74 million ULCC shares are outstanding with a float of 83.29 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 ULCC since 6 analysts follow the stock currently. There are 3 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 $0.18905 being high and $0.0315075 being low. For ULCC, this leads to a yearly average estimate of $0.12603.
