1847 Goedeker Inc. (AMEX:GOED) price is hovering lower on Monday, September 13, dropping -2.02% below its previous close.
A look at today’s price movement shows that the recent level at last check reads $2.97, with intraday deals fluctuating between $2.88 and $3.04. Taking into account the 52-week price action we note that the stock hit a 52-week high of $17.75 and 52-week low of $1.77. The stock added 5.32% on its value in the past month.
1847 Goedeker Inc., which has a market valuation of $324.41 million, is expected to release its quarterly earnings report Nov 15, 2021 – Nov 19, 2021. Analysts tracking GOED have forecast the quarterly EPS to grow by 0.2 per share this quarter, while the same analysts predict the annual EPS to hit $0.73 for the year 2021 and up to $0.91 for 2022.
On average, analysts have forecast the company’s revenue for the quarter will hit $146 million, with the likely lows of $146 million and highs of $146 million. Staying with the analyst view, there is a consensus estimate of $565.9 million for the company’s annual revenue in 2021.
Revisions to the company’s EPS highlights a short term direction of a stock’s price movement, which in the last 7 days came up with no upward and no downward reviews. On the technical perspective front, indicators give GOED a short term outlook of 50% Sell on average. Looking at the stock’s medium term indicators we note that it is averaging as a 100% Sell, while an average of long term indicators are currently assigning the stock as 100% Sell.
Here is a look at the average analyst rating for the stock as represented on a scale of 1.00 to 5.00, with the extremes of 1.00 and 5.00 suggesting the stock is strong buy or strong sell respectively. Specifically, 1 analysts have assigned GOED a recommendation rating as follows: 0 rate it as a Hold; 1 advise Buy while 0 analyst(s) assign an Overweight rating. 0 analyst(s) have tagged the 1847 Goedeker Inc. (GOED) stock as Underweight, with 0 recommending Sell. In general, analysts have rated the stock Buy, a scenario likely to bolster investors out for an opportunity to add to their holdings of the company’s shares.
The overview shows that GOED’s price is at present 4.92% off the SMA20 and -2.03% from the SMA50. The Relative Strength Index (RSI) metric on the 14-day timeframe is pointing at 49.39, with weekly volatility standing at 6.44%. The indicator jumps to 8.10% when calculated based on the past 30 days. 1847 Goedeker Inc. (AMEX:GOED)’s beta value is holding at 0, while the average true range (ATR) indicator is currently reading 0.22. Considering analysts have assigned the stock a price target range of $12.00-$12.00 as the low and high respectively, we find the trailing 12-month average consensus price target to be $12.00. Based on this estimate, we see that today’s price at last check is roughly -312.37% off the estimated low and -312.37% off the forecast high. Investors will no doubt be excited to see the share price fall to $12.00, which is the median consensus price, and at that level GOED would be -312.37% from recent price.
An analysis of the 1847 Goedeker Inc. (AMEX:GOED) stock in terms of its daily trading volume indicates that the 3-month average is 7.53 million.
Current records show that the company has 109.23M in outstanding shares. The insiders’ percentage holdings are 4.25% of outstanding shares while the percentage share held by institutions stands at 25.61%. But the -64.73% downside, the stock’s price has registered year-to-date as of today’s value, will likely reignite investor interest given the prospect of it rallying even higher.