American Equity Investment Life Holding Company (NYSE:AEL) mean price target has been set at $20.3300 by Thomson Reuters. The group worked out on the stock recommendations given by analysts in the First Call poll. Further, it is possible that the company may register per share earnings of $0.5900 in the near-term quarter and $2.0500 for the ongoing fiscal. The market cap of American Equity Investment Life was recorded at $1.46B after the stock closed at $17.7100 in last trading day.
What The Valuation Says?
The price/earnings ratio is taken in the list of ratios that leads to a stock’s valuation. Commonly named as P/E ratio, it helps investors know where the company stands in the market. It is derived by dividing share’s latest price by per-share earnings. American Equity Investment Life Holding Company (NYSE:AEL) has a P/E ratio of 14.4568. Investors can identify how the stock is doing in the market by estimating Price-to-Earnings Growth ratio.
American Equity Investment Life Holding Company (NYSE:AEL) PEG ratio sits at 0.8600. A low PEG ratio offers an investment opportunity to the opportunistic traders and investors. In case a stock has a reading in between 0 and 1, it represents undervalued stock. A reading of 1 and 2 represents fairly priced stocks.
The technical analysis of American Equity Investment Life visibly illustrates that the 50-day MA of American Equity Investment Life is $16.0672, and stock is trading $1.7002 points away or +10.5818% from its 50-day moving average of $16.0672. Further it is trading $2.5292 or +16.5978% away its 200-day moving average of $15.2382. American Equity Investment Life Holding Company (NYSE:AEL) 52-week high is $28.3000 and the 52-week low is $12.6500. This represents that if the stock moves $-10.5326 points up on the chart to it will make a 52-week high. But, if it declines +40.4538%, then the shares price can hit a new 52-week low.
1 Chart Pattern Every Investor Should Know
This little-known pattern preceded moves of 578% in ARWR, 562% in LCI, 513% in ICPT, 439% in EGRX, 408% in ADDUS and more...