With 0.66 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.62 million shares. The 52-week range on EMBC shows that it touched its highest point at $21.48 and its lowest point at $9.84 during that stretch. It currently has a 1-year price target of $17.75. With its current market cap of 572.15 million, EMBC has annualized dividend of $0.60 while the current yield stands at 6.13%. Beta for the stock currently stands at 1.07.
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 EMBC was down-trending over the past week, with a drop of -7.03%, but this was down by -21.49% over a month. Three-month performance dropped to -23.22% while six-month performance fell -52.08%. The stock lost -23.75% in the past year, while it has lost -52.59% so far this year. A look at the trailing 12-month EPS for EMBC yields 0.91 with Next year EPS estimates of 2.86. For the next quarter, that number is 0.77. This implies an EPS growth rate of 16.16% for this year and 0.56% for next year.
Float and Shares Shorts:
At present, 58.33 million EMBC shares are outstanding with a float of 54.38 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 EMBC since 1 analysts follow the stock currently. There are 0 analysts who recommend BUY ratings, while 1 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 $2.56274 being high and $2.28781 being low. For EMBC, this leads to a yearly average estimate of $2.386. Based on analyst estimates, the high estimate for the next quarter is $0.81 and the low estimate is $0.69. The average estimate for the next quarter is thus $0.75.
