With 1.24 million shares changed hands, the volume of the stock remained lighter than its average volume of 1.61 million shares. The 52-week range on G shows that it touched its highest point at $56.76 and its lowest point at $30.38 during that stretch. It currently has a 1-year price target of $50.75. With its current market cap of 7.48 billion, G has annualized dividend of $0.63 while the current yield stands at 1.47%. Beta for the stock currently stands at 0.95.
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 G was down-trending over the past week, with a drop of -1.75%, but this was down by -13.18% over a month. Three-month performance dropped to -18.93% while six-month performance fell -8.69%. The stock gained 29.70% in the past year, while it has lost -0.47% so far this year. A look at the trailing 12-month EPS for G yields 2.94 with Next year EPS estimates of 3.74. For the next quarter, that number is 0.85. This implies an EPS growth rate of 5.34% for this year and 8.22% for next year. EPS is expected to grow by 8.82% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 12.75%.
Float and Shares Shorts:
At present, 174.87 million G shares are outstanding with a float of 160.17 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 G since 6 analysts follow the stock currently. There are 1 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 5 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 $3.25303 being high and $3.21299 being low. For G, this leads to a yearly average estimate of $3.23301.
