Eros STX Global Corporation (NYSE:ESGC)’s traded shares stood at 2.26 million during the last session, with the company’s beta value hitting 1.18. At the close of trading, the stock’s price was $0.90, to imply an increase of 4.44% or $0.04 in intraday trading. The ESGC share’s 52-week high remains $2.77, putting it -207.78% down since that peak but still an impressive 44.44% since price per share fell to its 52-week low of $0.50. The company has a valuation of $359.53M, with average of 6.17 million shares over the past 3 months.
Analysts have given a consensus recommendation of a Buy for Eros STX Global Corporation (ESGC), translating to a mean rating of 2.00. Of 1 analyst(s) looking at the stock, 0 analyst(s) give ESGC a Sell rating. 0 of those analysts rate the stock as Overweight while 0 advise Hold as 1 recommend it as a Buy. 0 analyst(s) have given it an Underweight rating. Estimates put the company’s current-quarter earnings per share at $0.
Eros STX Global Corporation (NYSE:ESGC) trade information
After registering a 4.44% upside in the last session, Eros STX Global Corporation (ESGC) has traded red over the past five days. The stock hit a weekly high of 0.9166 this Thursday, 09/16/21, jumping 4.44% in its intraday price action. The 5-day price performance for the stock is 4.15%, and 73.67% over 30 days. With these gigs, the year-to-date price performance is -50.78%.
Analysts on Wall Street suggest a consensus price target of $3.50, implying an increase of 74.29% to the stock’s current value. The extremes give us $3.50 and $3.50 for target low and target high price respectively. As such, ESGC has been trading -288.89% off suggested target high and -288.89% from its likely low.
Eros STX Global Corporation (ESGC) estimates and forecasts
The rating firms project that company’s revenue will grow 135.30% compared to the previous financial year.
Revenue forecast for the current quarter as set by 1 analysts is $124.67 million. Meanwhile, for the quarter ending Sep 2020, a total of 1 analyst(s) estimate revenue growth to $65.95 million.
Eros STX Global Corporation has its next earnings report out on March 31. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too. Eros STX Global Corporation has a forward dividend ratio of 0, with the share yield ticking at 0.00% to continue the rising pattern observed over the past year. The company’s average dividend yield trailing the past 5-year period is 0.00%.
Eros STX Global Corporation (NYSE:ESGC)’s Major holders
Eros STX Global Corporation insiders hold 11.31% of total outstanding shares, with institutional holders owning 32.03% of the shares at 36.12% float percentage. In total, 32.03% institutions holds shares in the company, led by Tpg Group Holdings (sbs) Advisors, Inc. As of Dec 30, 2020, the company held over 74.34 million shares (or 40.11% of shares), all amounting to roughly $135.29 million.
The next major institution holding the largest number of shares is Blackrock Inc. with 7.92 million shares, or about 4.27% of shares outstanding. As of the market price on Dec 30, 2020, these shares were worth $14.41 million.
We also have iShares Russell 2000 ETF and BlackRock Advantage Small Cap Core Fund as the top two Mutual Funds with the largest holdings of the Eros STX Global Corporation (ESGC) shares. Going by data provided on Mar 30, 2021, iShares Russell 2000 ETF holds roughly 3.87 million shares. This is just over 2.09% of the total shares, with a market valuation of $7.01 million. Data from the same date shows that the other fund manager holds a little less at 2.14 million, or 1.16% of the shares, all valued at about 3.92 million.