During the most recent trading session, Hologic, Inc. (NASDAQ:HOLX) shares traded -0.37%. Tracking the stock price in relation to moving averages may provide enhanced perspective on stock performance. After a recent look, the stock has been seen trading $1.59 off of the 50-day moving average of $40.96 and $3.19 separated from the 200-day moving average of $39.36. Taking a further look from a different perspective, the stock has been recently recorded -0.98% off of the 52-week high of 42.97 and +30.36% apart from the 52-week low of 32.64. Monitoring stock price activity relative to moving averages and the highs and lows for the past year might help with future stock price value assessment.
Price Target in Focus
While monitoring stock technicals is important, most investors are more concerned with where the stock might be going now. Equity research analysts have provided views on where they believe the stock will be trading in the future. According to Thomson Reuters, sell-side analysts are projecting a consensus target price of $45.93 on company shares. This is a near-term estimate for the next 12-18 months.
Currently, Hologic, Inc. has a price to earnings ratio of 36.37. Analysts and investors may also opt to evaluate a company's PEG or price to earnings growth ratio. The stock currently has a PEG Ratio of 2.02.
In the most recent session, Rowan Companies plc (NYSE:RDC) shares have traded +1.04%. Following the stock price relative to moving averages may offer enhanced perspective on stock performance. After a recent review, the stock has been noted $-1.36 away from the 50-day moving average of $16.94 and $-0.97 away from the 200-day moving average of $16.55. From a different angle, the stock has been recently recorded -28.14% off of the 52-week high of 21.68 and +29.83% removed from the 52-week low of 12.00.
Currently, Rowan Companies plc Class A Ord has a price to earnings ratio of 6.11. Analysts and investors may also opt to evaluate a company's PEG or price to earnings growth ratio. The PEG ratio represents the ratio of the price to earnings to the anticipated future growth rate of the company. If a company has a PEG Ratio below one, it may be viewed as undervalued. If a company has a PEG Ratio above one, it may show that the company is overvalued. A PEG Ratio near one may be viewed as fair value. The stock currently has a PEG Ratio of 0.28.
Price Target Update
Analysts polled by Thomson Reuters have set a consensus target price of $17.58 on shares. Target prices may vary from one analyst to another due to the various ways they may proceed to calculate future price targets. This is a near-term estimation for the next 12-18 months.
Wall Street sell-side research analysts covering Mobileye N.V. (NYSE:MBLY) shares have recently provided various price target projections on where the stock might be going. According to them, the stock is expected to reach $58.473 on a consensus level within the next year, according to Zacks. The most bullish estimate sees the stock reaching $64 while the most conservative estimate stand at $37.
Zacks also gives an average broker rating based on the sell-side recommendations from the analysts who cover Mobileye N.V.. They give the company shares an ABR of 2.95. This is based on the 13 analysts taken into consideration by Zacks.
Earnings Estimates for Mobileye N.V. (NYSE:MBLY)
Currently, Wall Street is projecting that the firm will post $0.18 earnings per share. This consensus number is also derived from Zacks. For the most recent period which ended on 2016-12-31, Mobileye N.V.'s EPS was reported as $0.14. This created a “surprise factor” 16.67% due to being $0.02 apart from what Wall Street predicted. When actual numbers differ greatly from the consensus expectations, sharp movement in the stock price can often be seen in the hours or days following the report.
Investors will mark their calendars for 2017-05-04, the date when Mobileye N.V. (NYSE:MBLY) are expected to release their quarterly results.