With 1.14 million shares changed hands, the volume of the stock remained heavier than its average volume of 1.03 million shares. The 52-week range on INDV shows that it touched its highest point at $16.98 and its lowest point at $7.33 during that stretch. It currently has a 1-year price target of $14.92. Beta for the stock currently stands at 1.12.
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 INDV was up-trending over the past week, with a rise of 5.58%, but this was up by 28.09% over a month. Three-month performance surged to 41.94% while six-month performance rose 21.72%. The stock lost -15.85% in the past year, while it has gained 14.08% so far this year. A look at the trailing 12-month EPS for INDV yields -0.23 with Next year EPS estimates of 1.40. For the next quarter, that number is 0.24. This implies an EPS growth rate of -25.54% for this year and 13.57% for next year. EPS is expected to grow by 0.67% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of -56.08%.
Float and Shares Shorts:
At present, 125.00 million INDV shares are outstanding with a float of 109.93 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 INDV since 3 analysts follow the stock currently. There are 3 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 $1.78093 being high and $1.50298 being low. For INDV, this leads to a yearly average estimate of $1.6574.
