|Bid||8.95 x N/A|
|Ask||9.15 x N/A|
|Day's range||8.90 - 8.90|
|52-week range||4.82 - 9.20|
|Beta (5Y monthly)||1.15|
|PE ratio (TTM)||N/A|
|Forward dividend & yield||0.04 (0.44%)|
|Ex-dividend date||18 Nov 2022|
|1y target est||26.20|
The mean of analysts' price targets for Eneti (NETI) points to a 41.9% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement among analysts in raising earnings estimates does indicate an upside in the stock.
Eneti (NETI) could be a solid choice for shorter-term investors looking to capitalize on the recent price trend in fundamentally sound stocks. It is one of the many stocks that passed through our shorter-term trading strategy-based screen.
Eneti (NETI) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.