During the last session, Eros STX Global Corporation (NYSE:ESGC)’s traded shares were 3,858,437, with the beta value of the company hitting 0. At the end of the trading day, the stock’s price was $1.77, reflecting an intraday loss of -4.84% or -$0.09. The 52-week high for the ESGC share is $4.36, that puts it down -146.33% from that peak though still a striking +20.9% gain since the share price plummeted to a 52-week low of $1.4. The company’s market capitalization is $670.71 Million, and the average intraday trading volume over the past 10 days was 14.97 Million shares, and the average trade volume was 8.4 Million shares over the past three months.
Eros STX Global Corporation (ESGC) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 1.5. ESGC has a Sell rating from none of the analyst(s) out of 2 analysts who have looked at this stock. Neither of the analyst(s) recommend to Hold the stock while none of them suggest Overweight, and 2 recommend a Buy rating for it. None of the analyst(s) has rated the stock Underweight. Company’s earnings per share (EPS) for the current quarter are expected to be $0.04.
Eros STX Global Corporation (NYSE:ESGC): Trading Information
Eros STX Global Corporation (ESGC) registered a -4.84% downside in the last session and has traded in the red over the past 5 sessions. The stock spiked 5.23% in intraday trading to $1.867 this Wednesday, Mar 31, hitting a weekly high. The stock’s 5-day price performance is -2.21%, and it has moved by -9.69% in 30 days. Despite these dips, the overall price performance for the year is -2.75%. The short interest in Eros STX Global Corporation (NYSE:ESGC) is 7.36 Million shares and it means that shorts have 0.88 day(s) to cover.
The consensus price target of analysts on Wall Street is $3, which implies an increase of 69.49% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $2.5 and $3.5 respectively. As a result, ESGC is trading at a discount of 97.74% off the target high and 41.24% off the low.
Eros STX Global Corporation (ESGC) projections and forecasts
An analysis of the company’s performance over the past 5 years shows that the company’s earnings fell an estimated -11.32%. While earnings are projected to return -222.2% in 2021, the next five years will return 0% per annum.
Eros STX Global Corporation (NYSE:ESGC)’s Biggest Investors
Eros STX Global Corporation insiders own 11.31% of total outstanding shares while institutional holders control 31.85%, with the float percentage being 35.91%. Tpg Group Holdings (sbs) Advisors, Inc. is the largest shareholder of the company, while 131 institutions own stock in it. As of Dec 30, 2020, the company held over 74.34 Million shares (or 40.11% of all shares), a total value of $135.29 Million in shares.
The next largest institutional holding, with 7.92 Million shares, is of Blackrock Inc.’s that is approximately 4.27% of outstanding shares. At the market price on Dec 30, 2020, these shares were valued at $14.41 Million.
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Also, the Mutual Funds coming in first place with the largest holdings of Eros STX Global Corporation (ESGC) shares are iShares Russell 2000 ETF and iShares Russell 2000 Value ETF. Data provided on Feb 27, 2021 indicates that iShares Russell 2000 ETF owns about 3,826,828 shares. This amounts to just over 2.07 percent of the company’s overall shares, with a $7Million market value. The same data shows that the other fund manager holds slightly less at 1.79 Million, or about 0.97% of the stock, which is worth about $3.28 Million.