Analyst Revises Silver Bay Realty Trust Corp. (NYSE:SBY) Stock Target


Silver Bay Realty Trust Corp. (NYSE:SBY) mean price target has been set at $19.000 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 $0.220 in the near-term quarter and $0.820 for the ongoing fiscal. The market cap of Silver Bay Realty Trust Corp. C was recorded at $659.38M after the stock closed at $18.650 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. Silver Bay Realty Trust Corp. (NYSE:SBY) has a P/E ratio of N/A. Investors can identify how the stock is doing in the market by estimating Price-to-Earnings Growth ratio.

Silver Bay Realty Trust Corp. (NYSE:SBY) PEG ratio sits at 1.820. 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.

Technical Perspective

The technical analysis of Silver Bay Realty Trust Corp. C visibly illustrates that the 50-day MA of Silver Bay Realty Trust Corp. C is $17.559, and stock is trading $1.076 points away or +6.127% from its 50-day moving average of $17.559. Further it is trading $3.363 or +22.020% away its 200-day moving average of $15.272. Silver Bay Realty Trust Corp. (NYSE:SBY) 52-week high is $19.000 and the 52-week low is $12.030. This represents that if the stock moves $-0.365 points up on the chart to it will make a 52-week high. But, if it declines +54.904%, then the shares price can hit a new 52-week low.

1 Chart Pattern Every Investor Should Know

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