With 0.6 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.14 million shares. The 52-week range on NOAH shows that it touched its highest point at $14.90 and its lowest point at $7.14 during that stretch. It currently has a 1-year price target of $11.12. With its current market cap of 814.84 million, NOAH has annualized dividend of $1.06 while the current yield stands at 8.67%. Beta for the stock currently stands at 0.85.
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 NOAH was up-trending over the past week, with a rise of 6.10%, but this was up by 28.08% over a month. Three-month performance surged to 13.62% while six-month performance fell -3.26%. The stock gained 34.51% in the past year, while it has gained 4.01% so far this year. A look at the trailing 12-month EPS for NOAH yields 2.75 with Next year EPS estimates of 1.34. EPS is expected to grow by 9.17% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of -13.73%.
Float and Shares Shorts:
At present, 66.51 million NOAH shares are outstanding with a float of 63.91 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 NOAH since 5 analysts follow the stock currently. There are 5 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 $9.5749 being high and $7.74627 being low. For NOAH, this leads to a yearly average estimate of $8.60907.
