With 1.14 million shares changed hands, the volume of the stock remained lighter than its average volume of 1.24 million shares. The 52-week range on ZGN shows that it touched its highest point at $11.52 and its lowest point at $6.05 during that stretch. It currently has a 1-year price target of $8.95. With its current market cap of 3.43 billion, ZGN has annualized dividend of $0.14 while the current yield stands at 1.69%. Beta for the stock currently stands at 0.73.
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 ZGN was down-trending over the past week, with a drop of -11.47%, but this was down by -1.64% over a month. Three-month performance surged to 5.92% while six-month performance fell -9.18%. The stock gained 1.82% in the past year, while it has lost -24.37% so far this year. A look at the trailing 12-month EPS for ZGN yields 0.33 with Next year EPS estimates of 0.50.
Float and Shares Shorts:
At present, 252.58 million ZGN shares are outstanding with a float of 55.08 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 ZGN since 4 analysts follow the stock currently. There are 3 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 $0.3545 being high and $0.32411 being low. For ZGN, this leads to a yearly average estimate of $0.34437.
