With 0.99 million shares changed hands, the volume of the stock remained lighter than its average volume of 1.99 million shares. The 52-week range on ST shows that it touched its highest point at $42.33 and its lowest point at $17.32 during that stretch. It currently has a 1-year price target of $31.54. With its current market cap of 3.76 billion, ST has annualized dividend of $0.48 while the current yield stands at 1.87%. Beta for the stock currently stands at 1.09.
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 ST was up-trending over the past week, with a rise of 2.02%, but this was up by 20.26% over a month. Three-month performance dropped to -5.93% while six-month performance fell -20.11%. The stock lost -36.48% in the past year, while it has lost -6.20% so far this year. A look at the trailing 12-month EPS for ST yields 0.82 with Next year EPS estimates of 3.50. For the next quarter, that number is 0.83. This implies an EPS growth rate of -5.83% for this year and 8.04% for next year. EPS is expected to grow by 3.37% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of -13.43%.
Float and Shares Shorts:
At present, 146.02 million ST shares are outstanding with a float of 144.54 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 ST since 13 analysts follow the stock currently. There are 8 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 $3.45023 being high and $3.40037 being low. For ST, this leads to a yearly average estimate of $3.43029. Based on analyst estimates, the high estimate for the next quarter is $0.89 and the low estimate is $0.77. The average estimate for the next quarter is thus $0.81.
