OraSure Technologies, Inc. (NASDAQ:OSUR) has a beta value of 0.38 and has seen 758,540 shares traded in the last trading session. The company, currently valued at $988.22 Million, closed the last trade at $13.81 per share which meant it lost -$0.63 on the day or -4.36% during that session. The OSUR stock price is -43.01% off its 52-week high price of $19.75 and 62.13% above the 52-week low of $5.23. If we look at the company’s 10-day average daily trading volume, we find that it stood at 1.42 Million shares traded. The 3-month trading volume is 2.19 Million shares.
The consensus among analysts is that OraSure Technologies, Inc. (OSUR) is an Overweight stock at the moment, with a recommendation rating of 2.3. None of the analysts rate the stock as a Sell, while 1 rate it as Overweight. 3 out of 7 have rated it as a Hold, with 3 advising it as a Buy. None have rated the stock as Underweight. The expected earnings per share for the stock is -$0.07.
OraSure Technologies, Inc. (NASDAQ:OSUR) trade information
Despite being -4.36% in the red today, the stock has traded in the green over the last five days, with the highest price hit on Wednesday, Oct 14 when the OSUR stock price touched $15.48- or saw a rise of 10.79%. Year-to-date, OraSure Technologies, Inc. shares have moved 71.98%, while the 5-day performance has seen it change -10.21%. Over the past 30 days, the shares of OraSure Technologies, Inc. (NASDAQ:OSUR) have changed 23.97%. Short interest in the company has seen 6.87 Million shares shorted with days to cover at 3.14.
Wall Street analysts have a consensus price target for the stock at $19.29, which means that the shares’ value could jump 39.68% from current levels. The projected low price target is $13 while the price target rests at a high of $32. In that case, then, we find that the current price level is +131.72% off the targeted high while a plunge would see the stock lose -5.87% from current levels.
OraSure Technologies, Inc. (OSUR) estimates and forecasts
Figures show that OraSure Technologies, Inc. shares have underperformed across the wider relevant industry. The company’s shares have gained +0.95% over the past 6 months, with this year growth rate of -193.1%, compared to 8.1% for the industry. Other than that, the company has, however, lowered its growth outlook for the 2020 fiscal year revenue. Growth estimates for the current quarter are -133.3% and 25% for the next quarter. Revenue growth from the last financial year stood is estimated to be +6.9%.
5 analysts offering their estimates for the company have set an average revenue estimate of $41.7 Million for the current quarter. 5 have an estimated revenue figure of $61.46 Million for the next quarter concluding in December 01, 2020. Year-ago sales stood $35.99 Million and $49.67 Million respectively for this quarter and the next, and analysts expect sales will grow by 15.9% for the current quarter and 23.7% for the next.
If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was +39.3% over the past 5 years. Earnings growth for 2020 is a modest +527% while over the next 5 years, the company’s earnings are expected to increase by 20%.