With 0.59 million shares changed hands, the volume of the stock remained lighter than its average volume of 0.98 million shares. The 52-week range on EB shows that it touched its highest point at $5.92 and its lowest point at $1.80 during that stretch. It currently has a 1-year price target of $3.20. Beta for the stock currently stands at 2.06.
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 EB was up-trending over the past week, with a rise of 2.52%, but this was up by 14.02% over a month. Three-month performance dropped to -6.15% while six-month performance fell -33.70%. The stock lost -50.61% in the past year, while it has lost -27.38% so far this year. A look at the trailing 12-month EPS for EB yields -0.19 with Next year EPS estimates of -0.16. For the next quarter, that number is -0.09. This implies an EPS growth rate of -44.12% for this year and 35.71% for next year. EPS is expected to decline by -0.97% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 27.55%.
Float and Shares Shorts:
At present, 78.99 million EB shares are outstanding with a float of 73.35 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 EB since 2 analysts follow the stock currently. There are 2 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 -$0.10133 being high and -$0.152 being low. For EB, this leads to a yearly average estimate of -$0.1216.
