With 62.47 million shares changed hands, the volume of the stock remained lighter than its average volume of 103.72 million shares. The 52-week range on PLTR shows that it touched its highest point at $135.28 and its lowest point at $21.23 during that stretch. It currently has a 1-year price target of $104.76. Beta for the stock currently stands at 2.64.
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 PLTR was down-trending over the past week, with a drop of -0.27%, but this was up by 13.22% over a month. Three-month performance surged to 70.16% while six-month performance rose 84.79%. The stock gained 458.26% in the past year, while it has gained 75.60% so far this year. A look at the trailing 12-month EPS for PLTR yields 0.23 with Next year EPS estimates of 0.73. For the next quarter, that number is 0.14. This implies an EPS growth rate of 42.24% for this year and 26.03% for next year.
Float and Shares Shorts:
At present, 2.26 billion PLTR shares are outstanding with a float of 2.14 billion 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 PLTR since 14 analysts follow the stock currently. There are 6 analysts who recommend BUY ratings, while 3 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 $0.39901 being high and $0.36242 being low. For PLTR, this leads to a yearly average estimate of $0.37196.
