With 3.57 million shares changed hands, the volume of the stock remained lighter than its average volume of 6.08 million shares. The 52-week range on GTM shows that it touched its highest point at $13.39 and its lowest point at $7.01 during that stretch. It currently has a 1-year price target of $11.12. Beta for the stock currently stands at 1.05.
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 GTM was up-trending over the past week, with a rise of 6.97%, but this was up by 12.15% over a month. Three-month performance dropped to -12.54% while six-month performance fell -12.24%. The stock lost -17.67% in the past year, while it has lost -5.14% so far this year. A look at the trailing 12-month EPS for GTM yields 0.12 with Next year EPS estimates of 1.02. For the next quarter, that number is 0.23. This implies an EPS growth rate of 1.40% for this year and 4.28% for next year.
Float and Shares Shorts:
At present, 334.34 million GTM shares are outstanding with a float of 292.92 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 GTM since 1 analysts follow the stock currently. There are 1 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 $0.11844 being high and $0.11 being low. For GTM, this leads to a yearly average estimate of $0.11578. Based on analyst estimates, the high estimate for the next quarter is $0.27 and the low estimate is $0.24. The average estimate for the next quarter is thus $0.25.
