With 7.08 million shares changed hands, the volume of the stock remained lighter than its average volume of 7.54 million shares. The 52-week range on CTRA shows that it touched its highest point at $29.95 and its lowest point at $22.30 during that stretch. It currently has a 1-year price target of $33.41. With its current market cap of 18.90 billion, CTRA has annualized dividend of $0.85 while the current yield stands at 3.43%. Beta for the stock currently stands at 0.33.
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 CTRA was up-trending over the past week, with a rise of 7.98%, but this was down by -1.59% over a month. Three-month performance dropped to -13.24% while six-month performance rose 1.43%. The stock lost -13.09% in the past year, while it has lost -3.05% so far this year. A look at the trailing 12-month EPS for CTRA yields 1.71 with Next year EPS estimates of 3.15. For the next quarter, that number is 0.59. This implies an EPS growth rate of 68.95% for this year and 11.09% for next year. EPS is expected to grow by 28.72% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of -1.62%.
Float and Shares Shorts:
At present, 764.00 million CTRA shares are outstanding with a float of 750.98 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 CTRA since 11 analysts follow the stock currently. There are 7 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 4 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 $1.67566 being high and $1.56462 being low. For CTRA, this leads to a yearly average estimate of $1.61509. Based on analyst estimates, the high estimate for the next quarter is $1.0 and the low estimate is $0.44. The average estimate for the next quarter is thus $0.64.
