With 1.77 million shares changed hands, the volume of the stock remained lighter than its average volume of 2.31 million shares. The 52-week range on BEAM shows that it touched its highest point at $35.25 and its lowest point at $13.52 during that stretch. It currently has a 1-year price target of $43.44. Beta for the stock currently stands at 2.09.
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 BEAM was up-trending over the past week, with a rise of 4.31%, but this was down by -1.92% over a month. Three-month performance dropped to -34.76% while six-month performance fell -33.02%. The stock lost -22.92% in the past year, while it has lost -27.86% so far this year. A look at the trailing 12-month EPS for BEAM yields -4.61 with Next year EPS estimates of -4.64. For the next quarter, that number is -1.11. This implies an EPS growth rate of -0.42% for this year and -0.83% for next year. EPS is expected to decline by -0.84% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of -20.88%.
Float and Shares Shorts:
At present, 100.56 million BEAM shares are outstanding with a float of 89.62 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 BEAM since 6 analysts follow the stock currently. There are 4 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 -$4.4697 being high and -$4.808 being low. For BEAM, this leads to a yearly average estimate of -$4.68498.
