According to Zacks, OraSure Technologies, Inc. (NASDAQ:$OSUR) currently has an ABR rank of 73 and a current Average Broker Rating of 1.5. Zacks also says that the number is based on 4 sell-side firms.
The ABR is an aggregate of all brokerage ratings, compensating for the various unique terms and rating systems employed by each brokerage. This allows you to quickly measure a stock’s performance at a glance.
However, broker recommendations are not outright recommendations to buy or sell a stock, but instead are set by individual brokerages and indicate how the brokerage feels the stock will continue to perform. These recommendations are usually issued at intervals of a set period of time, such as 75 days, but each brokerage has its own method for making and issuing brokerage recommendations.
For OraSure, analysts have arrived at a consensus estimate that the company’s stock will hit $18.8 within the year.
OraSure stock hit $22.81 at close of the last session, with an average trading volume of 522,200 shares. They currently stand at 100% of their 52 week high, and well above their 52 week low of $7.1.
OraSure recently met analyst estimates with a reported quarterly earning of $0.09 EPS. They also have an EPS of $0.54 over the last 12 months. Over the past week, shares have moved $3.03 and $9.45 over the past month. Current forecasts indicate that OraSure will post $0.09 per share in their next quarterly report.
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