With 1.07 million shares changed hands, the volume of the stock remained lighter than its average volume of 1.69 million shares. The 52-week range on CHRS shows that it touched its highest point at $2.43 and its lowest point at $0.66 during that stretch. It currently has a 1-year price target of $4.68. Beta for the stock currently stands at 0.88.
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 CHRS was down-trending over the past week, with a drop of -8.11%, but this was up by 2.23% over a month. Three-month performance dropped to -14.26% while six-month performance fell -52.42%. The stock lost -56.86% in the past year, while it has lost -43.11% so far this year. A look at the trailing 12-month EPS for CHRS yields -1.13 with Next year EPS estimates of -0.82. For the next quarter, that number is -0.26. This implies an EPS growth rate of -626.69% for this year and 37.57% for next year.
Float and Shares Shorts:
At present, 115.91 million CHRS shares are outstanding with a float of 105.41 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 CHRS since 5 analysts follow the stock currently. There are 3 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 $0.35823 being high and $0.34813 being low. For CHRS, this leads to a yearly average estimate of $0.35318. Based on analyst estimates, the high estimate for the next quarter is -$0.17 and the low estimate is -$0.3. The average estimate for the next quarter is thus -$0.23.
