With 0.77 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.74 million shares. The 52-week range on BL shows that it touched its highest point at $66.25 and its lowest point at $40.82 during that stretch. It currently has a 1-year price target of $56.91. Beta for the stock currently stands at 0.92.
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 BL was down-trending over the past week, with a drop of -1.05%, but this was up by 19.53% over a month. Three-month performance surged to 10.92% while six-month performance fell -6.04%. The stock lost -5.91% in the past year, while it has lost -10.37% so far this year. A look at the trailing 12-month EPS for BL yields 2.17 with Next year EPS estimates of 2.29. For the next quarter, that number is 0.51. This implies an EPS growth rate of -2.17% for this year and 7.26% for next year.
Float and Shares Shorts:
At present, 62.26 million BL shares are outstanding with a float of 50.99 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 BL since 4 analysts follow the stock currently. There are 1 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 3 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 $2.20308 being high and $2.14299 being low. For BL, this leads to a yearly average estimate of $2.18305. Based on analyst estimates, the high estimate for the next quarter is $0.61 and the low estimate is $0.52. The average estimate for the next quarter is thus $0.56.
