Digging Into Apyx Medical Corporation (APYX), UniFirst Corporation (UNF) Revenue Targets

4 analysts out of 4 Wall Street brokerage firms rate Apyx Medical Corporation (NASDAQ:APYX) as a Buy, while 0 see it as a Sell. The rest 0 describe it as a Hold. APYX stock traded higher to an intra-day high of $5.79. At one point in session, its potential discontinued and the price was down to lows at $5.62. Analysts have set APYX’s consensus price at $8.75, effectively giving it a 51.12% projection on returns. Should the projected estimates be met, then the stock will likely hit its highest price at $10 (up 72.71% from current price levels). APYX has a 120.7% ROE, higher than the 16.39% average for the industry. The average ROE for the sector is 15.25%.

It is expected that in Jun 2019 quarter APYX will have an EPS of $-0.18, suggesting a -1700% growth. For Sep 2019 is projected at $-0.18. It means that there could be a -1700% growth in the quarter. Yearly earnings are expected to rise by -137.93% to about $-0.69. As for the coming year, growth will be about -2.9%, lifting earnings to $-0.71. RSI after the last trading period was 55.11. APYX recorded a change of 1.22% over the past week and returned -30.41% over the last three months while the APYX stock’s monthly performance revealed a shift in price of 53.99%. The year to date (YTD) performance stands at -10.65%, and the bi-yearly performance specified an activity trend of -12.93% while the shares have moved 58.63% for the past 12 months.

Apyx Medical Corporation (APYX) currently trades at $5.79, which is higher by 0.7% its previous price. It has a total of 36.62 million outstanding shares, with an ATR of around 0.38. The company’s stock volume dropped to 0.11 million, worse than 435.09 thousands that represents its 50-day average. A 5-day increase of about 1.22% in its price means APYX is now -10.65% lower on year-to-date. The shares have surrendered $43551.21 since its $8.89 52-week high price recorded on 28th of January 2019. Overall, it has seen a growth rate of 58.63 over the last 12 months. The current price per share is $2.24 above the 52 week low of $3.55 set on 2nd of April 2019.

UniFirst Corporation (NYSE:UNF) shares appreciated 0.85% over the last trading period, taking overall 5-day performance up to -2.98%. UNF’s price now at $159.28 is greater than the 50-day average of $151.98. Getting the trading period increased to 200 days, the stock price was seen at $155.59 on average. The general public currently hold control of a total of 14.85 million shares, which is the number publicly available for trading. The total of shares that it has issued to investors is 19.22 million. The company’s management holds a total of 1.3%, while institutional investors hold about 98.77% of the remaining shares. UNF share price finished last trade -0.01% below its 20 day simple moving average and its upbeat gap from 200 day simple moving average is 2.29%, while closing the session with 5.07% distance from 50 day simple moving average.

UniFirst Corporation (UNF) shares were last observed trading -17.49% down since June 27, 2018 when the peak of $193.05 was hit. Last month’s price growth of 3.15% puts UNF performance for the year now at 11.33%. Consequently, the shares price is trending higher by 20.32%, a 52-week worst price since Jan. 03, 2019. However, it is regaining value with 7.62% in the last 6 months. From a technical perspective, it appears more likely that the stock will experience a Bull Run market as a result of the strong support seen recently between $155.12 and $157.2. The immediate resistance area is now $160.56 Williams’s %R (14) for UNF moved to 71.56 while the stochastic %K points at 23.05.

UNF’s beta is 0.64; meaning investors could reap lower returns, although it also poses lower risks. The company allocated $8.09 per share from its yearly profit to its outstanding shares. Its last reported revenue is $437.48 million, which was 4% versus $419.26 million in the corresponding quarter last year. The EPS for Feb 19 quarter came in at $1.67 compared to $1.38 in the year-ago quarter and had represented 21% year-over-year earnings per share growth. UNF’s ROA is 8.4%, higher than the 7.43% industry average. Although a more robust percentage would be better, consideration is given to how well peers within the industry performed. Companies within the sector had an ROA of 4.98%.

Estimated quarterly earnings for UniFirst Corporation (NYSE:UNF) are around $1.7 per share in three months through May with $1.79 also the estimate for August quarter of the fiscal year. It means the growth is estimated at 7.59% and -13.11%, respectively. Analysts estimate full-year growth to be -6.85%, the target being $6.94 a share. The upcoming year will see an increase in growth by percentage to 8.93%, more likely to see it hit the $7.56 per share. The firm’s current profit margin over the past 12 months is 9%. UNF ranks lower in comparison to an average of 10.1% for industry peers; while the average for the sector is -13.18%.