Eargo, Inc. (NASDAQ:EAR) traded at $35.76 at last check on Friday, Nov 20, making a downturn move of -0.67% on its previous day’s price.
Looking at the stock we see that its previous close was $36 and the beta (5Y monthly) reads 0 with the day’s price range being $33.90 – 36.11. The company has a 12-month trailing PE ratio of 0. In terms of its 52-week price range, EAR has a high of $43.8 and a low of $32.58. The company’s stock has gained about 0.17% over that past 30 days.
Based on estimates by 4 analysts where scores have ranged from 1.00 for a strong buy to 5.00 for a strong sell, none have rated the Eargo, Inc. (EAR) stock as a Hold, while 4 rate it as a Buy. None analysts rate it as outperform while none of them rated it as underperform, whereas none suggests the stock as a Sell. The stock has an overall rating of Buy and investors could take advantage and scoop up stock of the company.
Looking further, we note that the PEG ratio for the EAR stock currently stands at 0, and the current price level is 1.78% off its SMA20 and 2.11% from its 50-day simple moving average. The RSI (14) is pointing at 0 while the volatility over the past week is 6.87% and drops to 6% over the past one month. The beta value is 0, while the average true range (ATR) is currently pointing at 2.48. The average price target for the stock over the next 12 months is $43, with the estimates having a low of $41 and a high of $45. These price ends are 14.65% and +25.84% off the current price level respectively, although investors could be excited at the prospect of a +20.25% if the EAR share price touches on the median price of $43.
Let’s briefly compare Eargo, (EAR) stock to its peers. We find that today’s price change of -0.67% and 0% over the past 12 months for EAR competes that of Thermo Fisher Scientific Inc (TMO), which has seen its stock price fall -0.45% in the latest trading session and is +47.73% over the last one year. Another of its peers Intuitive Surg Inc (ISRG) has dropped -0.44% today, and is +27.79% up over the past year, while Edwards Lifesciences Corp (EW) is also down -0.67% yet its price remains in the red at 0% over the same period. Thermo has a P/E ratio of 36.96 compared to Eargo,’s 0 and Intuitive’s 83.28. In contrast to these companies, both the S&P 500 Index and the Dow Jones Industrial are today at -0.68% and -0.75%, respectively, in early deals.
Coming back to Eargo, Inc. (NASDAQ:EAR), we note that the average 3-month trading volume was 571.6 Million, while that of the preceding 10-day period stands at 304.05 Million. Current shares outstanding are 37.51 Million.