With 1.17 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.91 million shares. The 52-week range on ODD shows that it touched its highest point at $74.50 and its lowest point at $32.71 during that stretch. It currently has a 1-year price target of $62.89. Beta for the stock currently stands at 3.48.
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 ODD was up-trending over the past week, with a rise of 9.86%, but this was up by 19.77% over a month. Three-month performance surged to 68.62% while six-month performance rose 63.47%. The stock gained 111.91% in the past year, while it has gained 82.10% so far this year. A look at the trailing 12-month EPS for ODD yields 1.74 with Next year EPS estimates of 2.24. For the next quarter, that number is 0.84. This implies an EPS growth rate of 15.07% for this year and 18.83% for next year. EPS is expected to grow by 21.18% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 67.81%.
Float and Shares Shorts:
At present, 44.28 million ODD shares are outstanding with a float of 31.07 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 ODD since 4 analysts follow the stock currently. There are 3 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 1 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 $1.78659 being high and $1.75823 being low. For ODD, this leads to a yearly average estimate of $1.77714. Based on analyst estimates, the high estimate for the next quarter is $0.35 and the low estimate is $0.29. The average estimate for the next quarter is thus $0.32.
