With 2.41 million shares changed hands, the volume of the stock remained heavier than its average volume of 1.86 million shares. The 52-week range on SLS shows that it touched its highest point at $2.12 and its lowest point at $0.77 during that stretch. It currently has a 1-year price target of $5.75. Beta for the stock currently stands at 2.28.
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 SLS was down-trending over the past week, with a drop of -5.85%, but this was down by -5.85% over a month. Three-month performance surged to 35.29% while six-month performance rose 36.44%. The stock gained 14.18% in the past year, while it has gained 54.81% so far this year. A look at the trailing 12-month EPS for SLS yields -0.39 with Next year EPS estimates of -0.38. For the next quarter, that number is -0.08. This implies an EPS growth rate of 33.00% for this year and -11.94% for next year. EPS is expected to grow by 50.68% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 45.94%.
Float and Shares Shorts:
At present, 99.78 million SLS shares are outstanding with a float of 97.67 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 SLS since 2 analysts follow the stock currently. There are 2 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 -$0.53667 being high and -$0.53667 being low. For SLS, this leads to a yearly average estimate of -$0.53667. Based on analyst estimates, the high estimate for the next quarter is -$0.06 and the low estimate is -$0.12. The average estimate for the next quarter is thus -$0.09.
