With 1.16 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.73 million shares. The 52-week range on MTN shows that it touched its highest point at $199.45 and its lowest point at $129.85 during that stretch. It currently has a 1-year price target of $181.09. With its current market cap of 5.65 billion, MTN has annualized dividend of $8.88 while the current yield stands at 5.84%. Beta for the stock currently stands at 0.92.
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 MTN was down-trending over the past week, with a drop of -1.46%, but this was up by 2.13% over a month. Three-month performance dropped to -6.04% while six-month performance fell -20.31%. The stock lost -12.63% in the past year, while it has lost -18.93% so far this year. A look at the trailing 12-month EPS for MTN yields 7.81 with Next year EPS estimates of 7.87. For the next quarter, that number is -4.77. This implies an EPS growth rate of 27.78% for this year and 1.43% for next year. EPS is expected to grow by 13.31% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of -3.67%.
Float and Shares Shorts:
At present, 37.15 million MTN shares are outstanding with a float of 36.00 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 MTN since 13 analysts follow the stock currently. There are 6 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 7 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 $6.88871 being high and $6.0289 being low. For MTN, this leads to a yearly average estimate of $6.59187.
