With 0.46 million shares changed hands, the volume of the stock remained lighter than its average volume of 0.98 million shares. The 52-week range on CDLX shows that it touched its highest point at $9.78 and its lowest point at $1.22 during that stretch. It currently has a 1-year price target of $2.54. Beta for the stock currently stands at 1.26.
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 CDLX was down-trending over the past week, with a drop of -2.84%, but this was down by -21.20% over a month. Three-month performance dropped to -13.64% while six-month performance fell -56.71%. The stock lost -80.39% in the past year, while it has lost -53.91% so far this year. A look at the trailing 12-month EPS for CDLX yields -3.55 with Next year EPS estimates of -1.30. For the next quarter, that number is -0.39. This implies an EPS growth rate of 68.61% for this year and -5.91% for next year.
Float and Shares Shorts:
At present, 52.17 million CDLX shares are outstanding with a float of 49.80 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 CDLX since 3 analysts follow the stock currently. There are 2 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 -$3.89455 being high and -$4.22255 being low. For CDLX, this leads to a yearly average estimate of -$4.07.
