With 0.83 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.55 million shares. The 52-week range on HRI shows that it touched its highest point at $246.88 and its lowest point at $96.18 during that stretch. It currently has a 1-year price target of $163.56. With its current market cap of 3.30 billion, HRI has annualized dividend of $2.73 while the current yield stands at 2.36%. Beta for the stock currently stands at 1.89.
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 HRI was down-trending over the past week, with a drop of -7.88%, but this was up by 3.83% over a month. Three-month performance dropped to -14.72% while six-month performance fell -49.88%. The stock lost -16.62% in the past year, while it has lost -38.85% so far this year. A look at the trailing 12-month EPS for HRI yields 4.49 with Next year EPS estimates of 15.07. For the next quarter, that number is 2.53. This implies an EPS growth rate of -3.79% for this year and 21.60% for next year. EPS is expected to grow by 10.42% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 35.31%.
Float and Shares Shorts:
At present, 28.50 million HRI shares are outstanding with a float of 28.08 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 HRI since 4 analysts follow the stock currently. There are 4 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 0 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 $13.34314 being high and $13.25438 being low. For HRI, this leads to a yearly average estimate of $13.30369.
