With 1.54 million shares changed hands, the volume of the stock remained lighter than its average volume of 2.02 million shares. The 52-week range on BHVN shows that it touched its highest point at $55.70 and its lowest point at $14.33 during that stretch. It currently has a 1-year price target of $54.15. Beta for the stock currently stands at 3.64.
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 BHVN was down-trending over the past week, with a drop of -11.07%, but this was down by -4.05% over a month. Three-month performance dropped to -48.82% while six-month performance fell -64.52%. The stock lost -55.02% in the past year, while it has lost -59.36% so far this year. A look at the trailing 12-month EPS for BHVN yields -9.37 with Next year EPS estimates of -6.37. For the next quarter, that number is -1.94. This implies an EPS growth rate of 17.97% for this year and 16.28% for next year. EPS is expected to grow by 17.19% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of -49.78%.
Float and Shares Shorts:
At present, 102.10 million BHVN shares are outstanding with a float of 89.17 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 BHVN since 7 analysts follow the stock currently. There are 7 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 -$7.95196 being high and -$9.75014 being low. For BHVN, this leads to a yearly average estimate of -$8.89101.
