With 0.87 million shares changed hands, the volume of the stock remained lighter than its average volume of 0.95 million shares. The 52-week range on FWRG shows that it touched its highest point at $22.71 and its lowest point at $12.90 during that stretch. It currently has a 1-year price target of $20.91. Beta for the stock currently stands at 0.91.
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 FWRG was down-trending over the past week, with a drop of -2.63%, but this was down by -8.80% over a month. Three-month performance dropped to -4.19% while six-month performance fell -21.39%. The stock lost -13.99% in the past year, while it has lost -16.44% so far this year. A look at the trailing 12-month EPS for FWRG yields 0.17 with Next year EPS estimates of 0.35. For the next quarter, that number is 0.07. This implies an EPS growth rate of -47.78% for this year and 125.00% for next year.
Float and Shares Shorts:
At present, 60.97 million FWRG shares are outstanding with a float of 44.27 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 FWRG since 4 analysts follow the stock currently. There are 3 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 0 believe that the stock is worth HOLDING, 1 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 $0.35719 being high and $0.29766 being low. For FWRG, this leads to a yearly average estimate of $0.3175. Based on analyst estimates, the high estimate for the next quarter is $0.06 and the low estimate is $0.02. The average estimate for the next quarter is thus $0.04.
