With 5.29 million shares changed hands, the volume of the stock remained lighter than its average volume of 7.73 million shares. The 52-week range on QSI shows that it touched its highest point at $5.77 and its lowest point at $0.61 during that stretch. It currently has a 1-year price target of $2.83. Beta for the stock currently stands at 2.90.
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 QSI was up-trending over the past week, with a rise of 3.51%, but this was up by 19.59% over a month. Three-month performance surged to 7.27% while six-month performance fell -7.81%. The stock gained 16.45% in the past year, while it has lost -34.44% so far this year. A look at the trailing 12-month EPS for QSI yields -0.67 with Next year EPS estimates of -0.53. For the next quarter, that number is -0.14. This implies an EPS growth rate of 20.66% for this year and 6.80% for next year. EPS is expected to grow by 16.05% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 43.26%.
Float and Shares Shorts:
At present, 163.56 million QSI shares are outstanding with a float of 136.00 million shares on hand for trading.
Analysts Ratings:
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 -$0.59557 being high and -$0.68745 being low. For QSI, this leads to a yearly average estimate of -$0.64077. Based on analyst estimates, the high estimate for the next quarter is -$0.15 and the low estimate is -$0.15. The average estimate for the next quarter is thus -$0.15.
