With 0.99 million shares changed hands, the volume of the stock remained lighter than its average volume of 1.53 million shares. The 52-week range on GES shows that it touched its highest point at $24.64 and its lowest point at $8.48 during that stretch. It currently has a 1-year price target of $16.00. With its current market cap of 571.61 million, GES has annualized dividend of $1.20 while the current yield stands at 10.92%. Beta for the stock currently stands at 1.23.
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 GES was down-trending over the past week, with a drop of -1.26%, but this was up by 3.00% over a month. Three-month performance surged to 6.60% while six-month performance fell -36.47%. The stock lost -53.53% in the past year, while it has lost -21.83% so far this year. A look at the trailing 12-month EPS for GES yields 0.58 with Next year EPS estimates of 1.70. For the next quarter, that number is 0.31. This implies an EPS growth rate of -25.30% for this year and 16.16% for next year. EPS is expected to decline by -1.09% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of -10.34%.
Float and Shares Shorts:
At present, 51.69 million GES shares are outstanding with a float of 29.80 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 GES 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 $2.76829 being high and $2.66799 being low. For GES, this leads to a yearly average estimate of $2.71814.
