With 1.42 million shares changed hands, the volume of the stock remained lighter than its average volume of 1.71 million shares. The 52-week range on ARE shows that it touched its highest point at $130.14 and its lowest point at $67.37 during that stretch. It currently has a 1-year price target of $101.69. With its current market cap of 12.03 billion, ARE has annualized dividend of $5.24 while the current yield stands at 7.53%. Beta for the stock currently stands at 1.26.
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 ARE was down-trending over the past week, with a drop of -2.39%, but this was down by -2.82% over a month. Three-month performance dropped to -30.31% while six-month performance fell -36.60%. The stock lost -40.89% in the past year, while it has lost -28.70% so far this year. A look at the trailing 12-month EPS for ARE yields 0.76 with Next year EPS estimates of 2.30. For the next quarter, that number is 0.54. This implies an EPS growth rate of -4.66% for this year and 34.25% for next year. EPS is expected to grow by 0.04% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of -10.42%.
Float and Shares Shorts:
At present, 172.99 million ARE shares are outstanding with a float of 170.88 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 ARE since 5 analysts follow the stock currently. There are 4 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 $3.28064 being high and $3.09378 being low. For ARE, this leads to a yearly average estimate of $3.10033. Based on analyst estimates, the high estimate for the next quarter is $0.64 and the low estimate is $0.64. The average estimate for the next quarter is thus $0.64.
