With 1.52 million shares changed hands, the volume of the stock remained lighter than its average volume of 1.67 million shares. The 52-week range on CAR shows that it touched its highest point at $124.37 and its lowest point at $54.03 during that stretch. It currently has a 1-year price target of $116.75. Beta for the stock currently stands at 2.12.
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 CAR was down-trending over the past week, with a drop of -2.80%, but this was up by 19.38% over a month. Three-month performance surged to 57.37% while six-month performance rose 9.64%. The stock gained 2.74% in the past year, while it has gained 44.08% so far this year. A look at the trailing 12-month EPS for CAR yields -62.94 with Next year EPS estimates of 13.64. For the next quarter, that number is 2.13. This implies an EPS growth rate of -71.03% for this year and 101.76% for next year.
Float and Shares Shorts:
At present, 35.00 million CAR shares are outstanding with a float of 34.02 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 CAR since 7 analysts follow the stock currently. There are 4 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 3 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 $6.70388 being high and $2.7563 being low. For CAR, this leads to a yearly average estimate of $4.30964.
