With 5.25 million shares changed hands, the volume of the stock remained lighter than its average volume of 6.29 million shares. The 52-week range on SVM shows that it touched its highest point at $5.32 and its lowest point at $2.87 during that stretch. It currently has a 1-year price target of $5.55. With its current market cap of 924.11 million, SVM has annualized dividend of $0.03 while the current yield stands at 0.59%. Beta for the stock currently stands at 1.00.
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 SVM was up-trending over the past week, with a rise of 0.71%, but this was up by 17.13% over a month. Three-month performance surged to 6.53% while six-month performance rose 35.03%. The stock gained 20.45% in the past year, while it has gained 41.33% so far this year. A look at the trailing 12-month EPS for SVM yields 0.29 with Next year EPS estimates of 0.45. For the next quarter, that number is 0.10. This implies an EPS growth rate of 27.24% for this year and 20.60% for next year.
Float and Shares Shorts:
At present, 217.74 million SVM shares are outstanding with a float of 209.85 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 SVM since 2 analysts follow the stock currently. There are 2 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 $0.21137 being high and $0.20055 being low. For SVM, this leads to a yearly average estimate of $0.2111.
