With 2.38 million shares changed hands, the volume of the stock remained lighter than its average volume of 4.69 million shares. The 52-week range on SMMT shows that it touched its highest point at $36.91 and its lowest point at $6.78 during that stretch. It currently has a 1-year price target of $34.10. Beta for the stock currently stands at -1.05.
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 SMMT was down-trending over the past week, with a drop of -7.47%, but this was down by -13.60% over a month. Three-month performance dropped to -0.89% while six-month performance rose 6.29%. The stock gained 141.82% in the past year, while it has gained 11.80% so far this year. A look at the trailing 12-month EPS for SMMT yields -0.33 with Next year EPS estimates of -0.54. For the next quarter, that number is -0.09. This implies an EPS growth rate of -30.60% for this year and -33.86% for next year. EPS is expected to decline by -23.77% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of -10.52%.
Float and Shares Shorts:
At present, 741.61 million SMMT shares are outstanding with a float of 111.04 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 SMMT since 1 analysts follow the stock currently. There are 1 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 -$0.24435 being high and -$0.98643 being low. For SMMT, this leads to a yearly average estimate of -$0.61539.
