With 0.72 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.27 million shares. The 52-week range on TBPH shows that it touched its highest point at $11.21 and its lowest point at $7.44 during that stretch. It currently has a 1-year price target of $15.25. Beta for the stock currently stands at -0.09.
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 TBPH was up-trending over the past week, with a rise of 19.83%, but this was up by 7.23% over a month. Three-month performance surged to 22.20% while six-month performance rose 18.05%. The stock gained 30.98% in the past year, while it has gained 18.17% so far this year. A look at the trailing 12-month EPS for TBPH yields -1.19 with Next year EPS estimates of -0.78. For the next quarter, that number is -0.25. This implies an EPS growth rate of 60.11% for this year and -69.22% for next year. EPS is expected to grow by 24.13% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 22.95%.
Float and Shares Shorts:
At present, 50.00 million TBPH shares are outstanding with a float of 45.85 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 TBPH 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 -$0.84256 being high and -$1.22555 being low. For TBPH, this leads to a yearly average estimate of -$1.04682.