With 4.68 million shares changed hands, the volume of the stock remained heavier than its average volume of 1.93 million shares. The 52-week range on FATE shows that it touched its highest point at $5.92 and its lowest point at $0.66 during that stretch. It currently has a 1-year price target of $5.44. Beta for the stock currently stands at 2.22.
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 FATE was up-trending over the past week, with a rise of 32.23%, but this was up by 60.00% over a month. Three-month performance surged to 58.42% while six-month performance fell -39.16%. The stock lost -56.28% in the past year, while it has lost -3.03% so far this year. A look at the trailing 12-month EPS for FATE yields -1.49 with Next year EPS estimates of -1.21. For the next quarter, that number is -0.34. This implies an EPS growth rate of 20.73% for this year and 6.73% for next year. EPS is expected to grow by 12.42% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of -2.63%.
Float and Shares Shorts:
At present, 114.60 million FATE shares are outstanding with a float of 107.09 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 FATE since 8 analysts follow the stock currently. There are 5 analysts who recommend BUY ratings, while 1 suggest SELL ratings. Of the remaining analysts, 2 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 -$1.1723 being high and -$1.8876 being low. For FATE, this leads to a yearly average estimate of -$1.61936. Based on analyst estimates, the high estimate for the next quarter is -$0.23 and the low estimate is -$0.35. The average estimate for the next quarter is thus -$0.32.
