With 40.9 million shares changed hands, the volume of the stock remained heavier than its average volume of 35.13 million shares. The 52-week range on HIMS shows that it touched its highest point at $72.98 and its lowest point at $13.47 during that stretch. It currently has a 1-year price target of $47.57. Beta for the stock currently stands at 2.05.
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 HIMS was up-trending over the past week, with a rise of 5.68%, but this was up by 70.88% over a month. Three-month performance surged to 25.44% while six-month performance rose 80.41%. The stock gained 196.13% in the past year, while it has gained 133.91% so far this year. A look at the trailing 12-month EPS for HIMS yields 0.69 with Next year EPS estimates of 0.95. For the next quarter, that number is 0.15. This implies an EPS growth rate of 24.89% for this year and 44.17% for next year. EPS is expected to grow by 34.57% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 17.22%.
Float and Shares Shorts:
At present, 215.21 million HIMS shares are outstanding with a float of 200.62 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 HIMS since 13 analysts follow the stock currently. There are 7 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 5 believe that the stock is worth HOLDING, 1 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 $0.57903 being high and $0.50051 being low. For HIMS, this leads to a yearly average estimate of $0.53977. Based on analyst estimates, the high estimate for the next quarter is $0.29 and the low estimate is $0.22. The average estimate for the next quarter is thus $0.26.
