Retail Opp Invts Cp (NASDAQ:ROIC) shares traded 0.9% up during most recent session to reach at the closing price of $16.88. The stock exchanged hands 1.97 Million shares versus average trading capacity of 906.49 Million shares, yielding a market cap of $1.84 Billion. Wall Street analysts covering the stock are projecting that the stock will reach $21.64 within the next 52-weeks. The mean target projections are based on 11 opinions.
Taking a broader look brokerage firms’ analysts on the street with an expectant view have Retail Opp Invts Cp (NASDAQ:ROIC) high price target of $25 and with a conservative view have low price target of $19.
Citigroup “Maintained” Retail Opp Invts Cp (NASDAQ:ROIC) in a research note issued to investors on 10/31/17 to Neutral with price target of $20.
Additionally on 10/30/17 Citigroup “Maintained” Retail Opp Invts Cp (NASDAQ:ROIC) to Neutral setting price target at $20 and on 9/15/17 Jefferies “Downgrades” the stock to Hold at $21. Furthermore on 8/17/17 RBC Capital “Upgrades” the stock to Outperform at $0.
On the other hand the company has Relative Strength Index (RSI 14) of 28.42 along with Average True Range (ATR 14) of 0.49, Consequently Retail Opp Invts Cp (NASDAQ:ROIC)’s weekly and monthly volatility is 4.15%, 2.50% respectively. The company’s beta value is at 0.69.
In terms of Buy, Sell or Hold recommendations, Retail Opp Invts Cp (NASDAQ:ROIC) has analysts’ mean recommendation of 2.3. This is according to a simplified 1 to 5 scale where 1 represents a Strong Buy and 5 a Strong Sell.
According to analysts Retail Opp Invts Cp (NASDAQ:ROIC)’s minimum EPS for the current quarter is at $0.08 and can go high up to $0.09. The consensus mean EPS for the current quarter is at $0.09 derived from a total of 2 estimates from the analysts who have weighed in on projected earnings. However the company reported $0.09 earnings per share for the same quarter during last year.
Previously Retail Opp Invts Cp (NASDAQ:ROIC) reported $0.08 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.09 by $-0.01. The company posted an earnings surprise of -11.1%.
Retail Opp Invts Cp (NASDAQ:ROIC)’s revenue estimates for the current quarter are $71.19 Million according to 8 number of analysts, for the current quarter the company has high revenue estimates of $73.2 Million in contradiction of low revenue estimates of $69.51 Million. For the current year the company’s revenue estimates are $270.82 Million compared to low analyst estimates of $267.49 Million and high estimates of $276 Million according to 9 number of analysts.
Currently Retail Opp Invts Cp (NASDAQ:ROIC)’s shares owned by insiders are 1.6%, whereas shares owned by institutional owners are 99.4%. However the six-month change in the insider ownership was recorded 0%, as well as three-month change in the institutional ownership was recorded 0.1%.
Retail Opp Invts Cp (NASDAQ:ROIC) 52-week high price stands at $22.37 and low price stands at $16.31, its price distance from 52-week high is -24.54% while its distance from 52-week low price is 3.49%. The stock hit its 52-week high on 02/27/17, and 52-week low on 02/12/18.
Retail Opp Invts Cp (NASDAQ:ROIC)’s trailing twelve month revenues are $263.6 Million, whereas its price to sales ratio for the same period is 6.98. Its book value per share for the most recent quarter is $10.64 while its price to book ratio for the same period is 1.59, as for as the company’s cash per share for the most recent quarter is $0.09, however its price to cash per share ratio for the same period is 182.19. The
stock has 5 year expected PEG ratio of 6.92 whereas its trailing twelve month P/E ratio is 55.34.