A look at its monthly performance shows that NeoGenomics, Inc. (NASDAQ:NEO) has recorded a -16.59% fall over the past 30 days. Over the past 12 months the stock has embarked on a rally that has seen it rise 61.71% and is now up by 66.82% since start of this year. The equity price sank -11.5% this week, a trend that has led to both investors and traders taking note of the stock. Its equity price climbed by 10.55% over the past three months which led to its overall six-month increase to stand at 16.1%.
Experts from research firms are bullish about the near-term performance of NeoGenomics, Inc. with most of them predicting a $20.71 price target on a short-term (12 months) basis. The average price target by the analysts will see a 40.12% rise in the stock and would lead to NEO’s market cap to surge to $1.95B. The stock has been rated an average 1.4, which roughly stands towards the bullish end of the spectrum. Reuters looked into the 8 analysts that track NeoGenomics, Inc. (NASDAQ:NEO) and find out that 0 of them rated it as a Hold. 8 of the 8 analysts rated it as a Buy or a Strong Buy while 0 advised investors to desist from buying the stock or sell it if they already possess it.
A look at NEO technical analysis shows that its 14-day Relative Strength Index (RSI) is in a neutral zone after reaching 35.39 point. Its trading volume has added 415640 shares compared to readings over the past three months as it recently exchanged 1093400 shares. This means there is improved activity from short-term traders as per session, its average trading volume is 677760 shares, and this is 1.61 times the normal volume.
The price of Hasbro, Inc. (NASDAQ:HAS) currently stands at $87.49 after it went down by $-0.92 or -1.04% and has found a strong support at $85.96 a share. If the HAS price drops below that critical support, then it would lead to a bearish trend. In the short-term, a dip below the $84.44 mark would also be bad for the stock as it means that the stock would plunge by 3.49% from its current position. However, if the stock price is able to trade above the resistance point around $88.42, then it could likely surge higher to try and break the upward resistance which stands at $89.36 a share. Its average daily volatility over the past one month stands at 2.55%. The stock has plunged by 2.42% from its 52-weeks high of $85.37 which it reached on Sep. 19, 2018. In general, it is 9.7% above its 52-weeks lowest point which stands at $79 and this setback was observed on Apr. 23, 2018.
Analysts have predicted a price target for Hasbro, Inc. (HAS) for 1 year and it stands at an average $104.87/share. This means that it would likely increase by 19.87% from its current position. The current price of the stock has been moving between $85.37 and $87.83. Some brokerage firms have a lower target for the stock than the average, with one of them setting a price target as low as $85. On the other hand, one analyst is super bullish about the price, setting a target as high as $120.
The HAS stock Stochastic Oscillator (%D) is at 7.26%, which means that it is currently oversold and its prices could jump very soon. The shares P/S ratio stands at 2.46 which compares to the 3.95 recorded by the industry or the 136.78 by the wider sector. The stock currently has an estimated price-earnings (P/E) multiple of 17.46, which is lower than the 19.95 multiple of 12-month price-earnings (P/E). The company’s earnings have gone up, with a quarterly increase rate of 17.1% over the past five years.
Analysts view Hasbro, Inc. (NASDAQ:HAS) as a Hold, with 2.2 consensus rating. Reuters surveyed 16 analysts that follow HAS and found that 5 of those analysts rated the stock as a Hold. The remaining 11 were divided, with 10 analyst rating it as a Buy or a Strong Buy while 1 analysts advised investors to desist from buying Hasbro, Inc. (HAS) shares or sell it if they already own it.