Agrium Inc. (NYSE:AGU) has a mean price target of $94.09 by market experts. Market leading group First Call has reached this recommendation by considering recommendations of top analysts in the industry. These experts have specified earnings of $0.82 a share for the very next quarter and $5.16 for this year.
The technical study of Agrium Inc. Common Stock demonstrates that the 50-day moving average of Agrium Inc. (NYSE:AGU) stock is $92.43, and is trading $0.44 points away or +0.48% from 50-day moving average of $92.43. It is trading $2.80 or +3.11% away 200-day moving average of $90.07.
The 52-week high of Agrium Inc. (NYSE:AGU) was $105.60 while $79.94 is the low mark in the same period. It state Agrium Inc. Common Stock share price has to surge more than $-12.73 to hit 52-week high or drop +16.17% to make a 52-week mark. MA here hints at moving average.
Taking the valuation part to reach the estimation of Agrium Inc. Common Stock, investors apply price-to-earnings ratio, which is shortened as P/E ratio. It weighs equity price by the relative expense of the equity. Agrium Inc. (NYSE:AGU) ratio came in at 14.93, after dividing current equity price by yearly earnings. Agrium Inc. Common Stock stock recorded a close of $92.87 in last trading session, registering a market cap of $12.83B.
The price-earnings ratio can be seen as a means of regulating the value of per dollar of earnings through the stock market. In concept, by taking the average of P/E over a period of numerous years, one could frame something of a uniform P/E ratio, which can then be understood as a benchmark and utilized to indicate whether or not a share is worth buying.
Investors estimate the Price-to-Earnings-Growth ratio to catch up with a clear view on the firm valuation. For stocks with higher PEG ratio, they are considered as sell option. The undervalued equity displays PEG ratio of 0 or 1. On contrary, the fairly valued equity has ratio of 1 and 2. Agrium Inc. (NYSE:AGU) PEG ratio is at -13.26.
1 Chart Pattern Every Investor Should Know
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