With 0.79 million shares changed hands, the volume of the stock remained lighter than its average volume of 1.23 million shares. The 52-week range on GOOS shows that it touched its highest point at $14.75 and its lowest point at $6.73 during that stretch. It currently has a 1-year price target of $10.52. Beta for the stock currently stands at 1.46.
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 GOOS was down-trending over the past week, with a drop of -7.35%, but this was up by 39.81% over a month. Three-month performance surged to 20.10% while six-month performance rose 22.39%. The stock lost -18.89% in the past year, while it has gained 15.55% so far this year. A look at the trailing 12-month EPS for GOOS yields 0.66 with Next year EPS estimates of 0.80. For the next quarter, that number is -0.63. This implies an EPS growth rate of -9.00% for this year and 8.60% for next year. EPS is expected to decline by -3.77% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of -7.45%.
Float and Shares Shorts:
At present, 101.36 million GOOS shares are outstanding with a float of 47.45 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 GOOS since 7 analysts follow the stock currently. There are 2 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 5 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 $0.89595 being high and $0.85583 being low. For GOOS, this leads to a yearly average estimate of $0.88258. Based on analyst estimates, the high estimate for the next quarter is $0.04 and the low estimate is -$0.13. The average estimate for the next quarter is thus -$0.06.
