With 0.63 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.59 million shares. The 52-week range on PERI shows that it touched its highest point at $12.73 and its lowest point at $6.99 during that stretch. It currently has a 1-year price target of $13.50. Beta for the stock currently stands at 1.48.
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 PERI was up-trending over the past week, with a rise of 10.97%, but this was up by 23.50% over a month. Three-month performance surged to 10.06% while six-month performance rose 18.19%. The stock lost -13.48% in the past year, while it has gained 26.56% so far this year. A look at the trailing 12-month EPS for PERI yields -0.16 with Next year EPS estimates of 1.18. For the next quarter, that number is 0.17. This implies an EPS growth rate of -20.67% for this year and 16.87% for next year.
Float and Shares Shorts:
At present, 45.04 million PERI shares are outstanding with a float of 40.17 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 PERI since 2 analysts follow the stock currently. There are 0 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 $1.26992 being high and $1.24016 being low. For PERI, this leads to a yearly average estimate of $1.26.