With 1.09 million shares changed hands, the volume of the stock remained lighter than its average volume of 1.37 million shares. The 52-week range on FRPT shows that it touched its highest point at $164.07 and its lowest point at $71.19 during that stretch. It currently has a 1-year price target of $107.60. Beta for the stock currently stands at 1.86.
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 FRPT was down-trending over the past week, with a drop of -5.95%, but this was down by -3.45% over a month. Three-month performance dropped to -11.41% while six-month performance fell -50.20%. The stock lost -39.50% in the past year, while it has lost -48.10% so far this year. A look at the trailing 12-month EPS for FRPT yields 0.30 with Next year EPS estimates of 1.97. For the next quarter, that number is 0.13. This implies an EPS growth rate of 15.38% for this year and 83.72% for next year.
Float and Shares Shorts:
At present, 48.77 million FRPT shares are outstanding with a float of 47.72 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 FRPT since 9 analysts follow the stock currently. There are 7 analysts who recommend BUY ratings, while 0 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 $1.15643 being high and $0.71637 being low. For FRPT, this leads to a yearly average estimate of $0.92105.
