With 11.63 million shares changed hands, the volume of the stock remained lighter than its average volume of 12.75 million shares. The 52-week range on TEM shows that it touched its highest point at $91.45 and its lowest point at $22.89 during that stretch. It currently has a 1-year price target of $64.91. Beta for the stock currently stands at 5.63.
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 TEM was up-trending over the past week, with a rise of 12.49%, but this was up by 5.63% over a month. Three-month performance surged to 26.42% while six-month performance rose 10.27%. A look at the trailing 12-month EPS for TEM yields -4.60 with Next year EPS estimates of -0.01. For the next quarter, that number is -0.23. This implies an EPS growth rate of 55.27% for this year and 97.88% for next year.
Float and Shares Shorts:
At present, 167.99 million TEM shares are outstanding with a float of 91.54 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 TEM since 6 analysts follow the stock currently. There are 6 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 -$1.30504 being high and -$2.37703 being low. For TEM, this leads to a yearly average estimate of -$1.75947. Based on analyst estimates, the high estimate for the next quarter is -$0.05 and the low estimate is -$0.27. The average estimate for the next quarter is thus -$0.16.
