With 5.11 million shares changed hands, the volume of the stock remained heavier than its average volume of 2.38 million shares. The 52-week range on BHC shows that it touched its highest point at $9.85 and its lowest point at $3.96 during that stretch. It currently has a 1-year price target of $7.08. Beta for the stock currently stands at 0.30.
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 BHC was up-trending over the past week, with a rise of 21.60%, but this was up by 28.48% over a month. Three-month performance dropped to -16.05% while six-month performance fell -22.03%. The stock lost -6.34% in the past year, while it has lost -26.67% so far this year. A look at the trailing 12-month EPS for BHC yields -0.11 with Next year EPS estimates of 4.38. For the next quarter, that number is 0.93. This implies an EPS growth rate of -0.74% for this year and 10.00% for next year. EPS is expected to grow by 6.74% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 52.33%.
Float and Shares Shorts:
At present, 369.54 million BHC shares are outstanding with a float of 291.10 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 BHC since 4 analysts follow the stock currently. There are 1 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 3 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 $4.00661 being high and $3.56478 being low. For BHC, this leads to a yearly average estimate of $3.74553. Based on analyst estimates, the high estimate for the next quarter is $1.36 and the low estimate is $0.94. The average estimate for the next quarter is thus $1.15.
