With 2.33 million shares changed hands, the volume of the stock remained lighter than its average volume of 4.0 million shares. The 52-week range on ABR shows that it touched its highest point at $15.94 and its lowest point at $8.43 during that stretch. It currently has a 1-year price target of $11.38. With its current market cap of 2.01 billion, ABR has annualized dividend of $1.59 while the current yield stands at 15.23%. Beta for the stock currently stands at 1.31.
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 ABR was up-trending over the past week, with a rise of 7.41%, but this was up by 0.77% over a month. Three-month performance dropped to -13.36% while six-month performance fell -25.43%. The stock lost -26.06% in the past year, while it has lost -24.62% so far this year. A look at the trailing 12-month EPS for ABR yields 0.99 with Next year EPS estimates of 1.14. For the next quarter, that number is 0.23. This implies an EPS growth rate of -44.25% for this year and 17.01% for next year.
Float and Shares Shorts:
At present, 192.16 million ABR shares are outstanding with a float of 184.29 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 ABR since 4 analysts follow the stock currently. There are 3 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 1 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 $1.76632 being high and $1.69838 being low. For ABR, this leads to a yearly average estimate of $1.7275.
