With 0.66 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.34 million shares. The 52-week range on ELVN shows that it touched its highest point at $30.03 and its lowest point at $13.30 during that stretch. It currently has a 1-year price target of $37.50. Beta for the stock currently stands at 0.79.
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 ELVN was up-trending over the past week, with a rise of 16.71%, but this was up by 13.52% over a month. Three-month performance dropped to -1.24% while six-month performance fell -12.16%. The stock lost -0.91% in the past year, while it has lost -7.82% so far this year. A look at the trailing 12-month EPS for ELVN yields -1.93 with Next year EPS estimates of -2.80. For the next quarter, that number is -0.58. This implies an EPS growth rate of -26.56% for this year and -16.94% for next year. EPS is expected to decline by -21.18% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 19.02%.
Float and Shares Shorts:
At present, 49.04 million ELVN shares are outstanding with a float of 32.21 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 ELVN since 0 analysts follow the stock currently. There are 0 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 -$1.90633 being high and -$1.99615 being low. For ELVN, this leads to a yearly average estimate of -$1.94625.
