With 3.12 million shares changed hands, the volume of the stock remained lighter than its average volume of 5.84 million shares. The 52-week range on OGN shows that it touched its highest point at $23.10 and its lowest point at $8.01 during that stretch. It currently has a 1-year price target of $14.00. With its current market cap of 2.62 billion, OGN has annualized dividend of $0.86 while the current yield stands at 8.53%. Beta for the stock currently stands at 0.56.
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 OGN was up-trending over the past week, with a rise of 5.77%, but this was up by 15.73% over a month. Three-month performance dropped to -32.80% while six-month performance fell -33.33%. The stock lost -51.42% in the past year, while it has lost -32.44% so far this year. A look at the trailing 12-month EPS for OGN yields 2.89 with Next year EPS estimates of 4.08. For the next quarter, that number is 0.94. This implies an EPS growth rate of -6.05% for this year and 5.76% for next year. EPS is expected to grow by 1.19% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of -23.49%.
Float and Shares Shorts:
At present, 259.96 million OGN shares are outstanding with a float of 258.99 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 OGN since 3 analysts follow the stock currently. There are 2 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 1 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 $4.14913 being high and $4.07846 being low. For OGN, this leads to a yearly average estimate of $4.10875.
