OraSure Technologies, Inc. (NASDAQ:OSUR) has been recommended as a long term growth stock according to analysts at Beta Research. With their stock price currently trading around $19.75, the firm has proven a solid track record of growth over the past few years. Investors might consider the stock as a long term growth candidate as the firm has yielded 31.00% earnings per share growth over the past 5 years and 9.40% revenue growth over that same time frame.
Long-term growth (LTG) is an investing strategy where a stock will (hopefully) grow in value for a relatively long period of time. Long-term growth should be considered to be a relative term, due to different styles and goals of investors, but the endgame is the same.
Let’s take a look at how the stock has been performing recently. Over the past twelve months, OraSure Technologies, Inc. (NASDAQ:OSUR)’s stock was 4.72%. Over the last week of the month, it was 2.60%, -10.47% over the last quarter, and 5.00% for the past six months.
Over the past 50 days, OraSure Technologies, Inc.’s stock is -6.44% off of the high and 53.58% removed from the low. Their 52-Week High and Low are as follows: -14.17% (High), 135.40%, (Low).
Despite the past success, investors want to know where the stock is headed from here. Analysts covering the shares have a consensus short-term price target of $19.60 on the equity. Analysts have a consensus recommendation of 1.80 based on a 1 to 5 scale where 1 represents a Strong Buy and 5 a Strong Sell.