With 0.7 million shares changed hands, the volume of the stock remained lighter than its average volume of 1.3 million shares. The 52-week range on JAZZ shows that it touched its highest point at $148.06 and its lowest point at $95.49 during that stretch. It currently has a 1-year price target of $190.50. Beta for the stock currently stands at 0.33.
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 JAZZ was up-trending over the past week, with a rise of 0.79%, but this was down by -8.10% over a month. Three-month performance dropped to -20.60% while six-month performance fell -10.05%. The stock gained 4.61% in the past year, while it has lost -10.42% so far this year. A look at the trailing 12-month EPS for JAZZ yields 7.42 with Next year EPS estimates of 21.60. For the next quarter, that number is -6.44. This implies an EPS growth rate of -70.64% for this year and 252.08% for next year. EPS is expected to grow by 4.46% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of -1.00%.
Float and Shares Shorts:
At present, 61.62 million JAZZ shares are outstanding with a float of 58.75 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 JAZZ since 6 analysts follow the stock currently. There are 6 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 0 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 $20.56735 being high and $19.81708 being low. For JAZZ, this leads to a yearly average estimate of $20.30726. Based on analyst estimates, the high estimate for the next quarter is $6.08 and the low estimate is $1.51. The average estimate for the next quarter is thus $5.05.
