With 3.42 million shares changed hands, the volume of the stock remained heavier than its average volume of 2.7 million shares. The 52-week range on EAF shows that it touched its highest point at $2.53 and its lowest point at $0.52 during that stretch. It currently has a 1-year price target of $1.15. Beta for the stock currently stands at 1.53.
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 EAF was down-trending over the past week, with a drop of -0.77%, but this was up by 52.93% over a month. Three-month performance surged to 18.35% while six-month performance fell -32.81%. The stock gained 2.38% in the past year, while it has lost -25.43% so far this year. A look at the trailing 12-month EPS for EAF yields -0.54 with Next year EPS estimates of -0.24. For the next quarter, that number is -0.13. This implies an EPS growth rate of -28.14% for this year and 55.03% for next year.
Float and Shares Shorts:
At present, 258.11 million EAF shares are outstanding with a float of 182.64 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 EAF since 3 analysts follow the stock currently. There are 1 analysts who recommend BUY ratings, while 1 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 -$0.4162 being high and -$0.45507 being low. For EAF, this leads to a yearly average estimate of -$0.43304. Based on analyst estimates, the high estimate for the next quarter is -$0.08 and the low estimate is -$0.13. The average estimate for the next quarter is thus -$0.1.
