With 3.24 million shares changed hands, the volume of the stock remained heavier than its average volume of 1.19 million shares. The 52-week range on TWST shows that it touched its highest point at $55.33 and its lowest point at $27.12 during that stretch. It currently has a 1-year price target of $43.20. Beta for the stock currently stands at 2.34.
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 TWST was down-trending over the past week, with a drop of -25.42%, but this was down by -29.96% over a month. Three-month performance dropped to -20.92% while six-month performance fell -50.21%. The stock lost -44.27% in the past year, while it has lost -39.73% so far this year. A look at the trailing 12-month EPS for TWST yields -1.45 with Next year EPS estimates of -1.34. For the next quarter, that number is -0.40. This implies an EPS growth rate of 61.74% for this year and 2.89% for next year. EPS is expected to grow by 36.80% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 1.70%.
Float and Shares Shorts:
At present, 60.17 million TWST shares are outstanding with a float of 57.31 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 TWST since 7 analysts follow the stock currently. There are 7 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 -$3.69739 being high and -$3.72721 being low. For TWST, this leads to a yearly average estimate of -$3.71727. The surprise factor in the prior quarter was -$0.56. Based on analyst estimates, the high estimate for the next quarter is $0 and the low estimate is $0. The average estimate for the next quarter is thus $0.
