With 5.98 million shares changed hands, the volume of the stock remained lighter than its average volume of 6.1 million shares. The 52-week range on AZN shows that it touched its highest point at $87.68 and its lowest point at $61.24 during that stretch. It currently has a 1-year price target of $92.06. With its current market cap of 210.76 billion, AZN has annualized dividend of $1.55 while the current yield stands at 2.28%. Beta for the stock currently stands at 0.36.
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 AZN was up-trending over the past week, with a rise of 0.98%, but this was up by 0.13% over a month. Three-month performance dropped to -8.72% while six-month performance rose 4.89%. The stock lost -12.23% in the past year, while it has gained 3.72% so far this year. A look at the trailing 12-month EPS for AZN yields 2.49 with Next year EPS estimates of 5.08. For the next quarter, that number is 1.10. This implies an EPS growth rate of 9.64% for this year and 12.91% for next year. EPS is expected to grow by 11.16% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 34.63%.
Float and Shares Shorts:
At present, 3.10 billion AZN shares are outstanding with a float of 3.10 billion 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 AZN since 10 analysts follow the stock currently. There are 8 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 2 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 $4.25631 being high and $4.04747 being low. For AZN, this leads to a yearly average estimate of $4.10714.
