Air Methods Corporation (NASDAQ:AIRM) Projected EPS At $0.77 For Next Quarter


Air Methods Corporation (NASDAQ:AIRM) has a mean price target of $48.55 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 $0.77 a share for the very next quarter and $3.09 for this year.

Technical View

The technical study of Air Methods Corporation demonstrates that the 50-day moving average of Air Methods Corporation (NASDAQ:AIRM) stock is $33.26, and is trading $-1.86 points away or -5.58% from 50-day moving average of $33.26. It is trading $-4.40 or -12.30% away 200-day moving average of $35.80.

The 52-week high of Air Methods Corporation (NASDAQ:AIRM) was $46.50 while $30.57 is the low mark in the same period. It state Air Methods Corporation share price has to surge more than $-15.10 to hit 52-week high or drop +2.72% to make a 52-week mark. MA here hints at moving average.

Taking the valuation part to reach the estimation of Air Methods Corporation, investors apply price-to-earnings ratio, which is shortened as P/E ratio. It weighs equity price by the relative expense of the equity. Air Methods Corporation (NASDAQ:AIRM) ratio came in at 10.70, after dividing current equity price by yearly earnings. Air Methods Corporation stock recorded a close of $31.40 in last trading session, registering a market cap of $1.20B.

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. Air Methods Corporation (NASDAQ:AIRM) PEG ratio is at 0.59.

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