With 4.33 million shares changed hands, the volume of the stock remained lighter than its average volume of 8.36 million shares. The 52-week range on AFRM shows that it touched its highest point at $82.53 and its lowest point at $22.25 during that stretch. It currently has a 1-year price target of $66.95. Beta for the stock currently stands at 3.58.
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 AFRM was down-trending over the past week, with a drop of -0.80%, but this was up by 17.58% over a month. Three-month performance surged to 26.88% while six-month performance fell -12.98%. The stock gained 70.21% in the past year, while it has lost -0.08% so far this year. A look at the trailing 12-month EPS for AFRM yields -0.22 with Next year EPS estimates of 0.79. For the next quarter, that number is 0.12. This implies an EPS growth rate of 102.86% for this year and 1543.95% for next year.
Float and Shares Shorts:
At present, 281.75 million AFRM shares are outstanding with a float of 268.17 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 AFRM since 16 analysts follow the stock currently. There are 5 analysts who recommend BUY ratings, while 4 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 -$1.86818 being high and -$2.08564 being low. For AFRM, this leads to a yearly average estimate of -$1.95714.
