With 8.49 million shares changed hands, the volume of the stock remained lighter than its average volume of 10.32 million shares. The 52-week range on NFE shows that it touched its highest point at $26.22 and its lowest point at $2.26 during that stretch. It currently has a 1-year price target of $8.83. With its current market cap of 721.09 million, NFE has annualized dividend of $0.10 while the current yield stands at 3.80%. Beta for the stock currently stands at 1.19.
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 NFE was down-trending over the past week, with a drop of -8.68%, but this was up by 4.78% over a month. Three-month performance dropped to -73.67% while six-month performance fell -80.15%. The stock lost -88.25% in the past year, while it has lost -82.61% so far this year. A look at the trailing 12-month EPS for NFE yields -2.26 with Next year EPS estimates of -1.17. For the next quarter, that number is -0.34. This implies an EPS growth rate of -16.94% for this year and 20.11% for next year. EPS is expected to decline by -13.60% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 5.11%.
Float and Shares Shorts:
At present, 273.80 million NFE shares are outstanding with a float of 178.04 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 NFE since 3 analysts follow the stock currently. There are 2 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 1 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 $0.12111 being high and $0.09688889 being low. For NFE, this leads to a yearly average estimate of $0.109. Based on analyst estimates, the high estimate for the next quarter is -$0.25 and the low estimate is -$0.25. The average estimate for the next quarter is thus -$0.25.
