With 0.53 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.36 million shares. The 52-week range on LUNG shows that it touched its highest point at $9.37 and its lowest point at $2.83 during that stretch. It currently has a 1-year price target of $11.31. Beta for the stock currently stands at 0.52.
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 LUNG was up-trending over the past week, with a rise of 0.64%, but this was down by -16.98% over a month. Three-month performance dropped to -62.24% while six-month performance fell -51.55%. The stock lost -58.43% in the past year, while it has lost -53.90% so far this year. A look at the trailing 12-month EPS for LUNG yields -1.45 with Next year EPS estimates of -1.39. For the next quarter, that number is -0.39. This implies an EPS growth rate of -6.92% for this year and 9.60% for next year. EPS is expected to grow by 10.76% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of -19.80%.
Float and Shares Shorts:
At present, 40.25 million LUNG shares are outstanding with a float of 35.32 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 LUNG 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 -$1.53808 being high and -$1.56844 being low. For LUNG, this leads to a yearly average estimate of -$1.55832.
