With 0.45 million shares changed hands, the volume of the stock remained lighter than its average volume of 0.92 million shares. The 52-week range on AVA shows that it touched its highest point at $43.09 and its lowest point at $33.45 during that stretch. It currently has a 1-year price target of $42.20. With its current market cap of 3.09 billion, AVA has annualized dividend of $1.93 while the current yield stands at 5.03%. Beta for the stock currently stands at 0.38.
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 AVA was down-trending over the past week, with a drop of -5.28%, but this was down by -7.99% over a month. Three-month performance surged to 2.98% while six-month performance rose 1.13%. The stock gained 0.26% in the past year, while it has gained 4.72% so far this year. A look at the trailing 12-month EPS for AVA yields 2.35 with Next year EPS estimates of 2.74. For the next quarter, that number is 0.31. This implies an EPS growth rate of 11.57% for this year and 7.24% for next year. EPS is expected to grow by 7.85% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of -5.12%.
Float and Shares Shorts:
At present, 80.56 million AVA shares are outstanding with a float of 79.23 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 AVA since 10 analysts follow the stock currently. There are 4 analysts who recommend BUY ratings, while 2 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 $2.32544 being high and $2.28534 being low. For AVA, this leads to a yearly average estimate of $2.30539.
