With 6.98 million shares changed hands, the volume of the stock remained heavier than its average volume of 6.6 million shares. The 52-week range on SABR shows that it touched its highest point at $4.63 and its lowest point at $1.93 during that stretch. It currently has a 1-year price target of $4.52. Beta for the stock currently stands at 1.37.
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 SABR was down-trending over the past week, with a drop of -3.03%, but this was up by 4.92% over a month. Three-month performance dropped to -36.63% while six-month performance fell -32.10%. The stock lost -15.93% in the past year, while it has lost -29.86% so far this year. A look at the trailing 12-month EPS for SABR yields -0.46 with Next year EPS estimates of 0.40. For the next quarter, that number is -0.00. This implies an EPS growth rate of 160.22% for this year and 246.67% for next year.
Float and Shares Shorts:
At present, 387.66 million SABR shares are outstanding with a float of 356.98 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 SABR since 3 analysts follow the stock currently. There are 2 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 -$0.22821 being high and -$0.30428 being low. For SABR, this leads to a yearly average estimate of -$0.27385.
