Analyst Revises ZAGG Inc (NASDAQ:ZAGG) Stock Target


ZAGG Inc (NASDAQ:ZAGG) mean price target has been set at $10.5000 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 $0.1900 in the near-term quarter and $0.4800 for the ongoing fiscal. The market cap of ZAGG Inc was recorded at $154.91M after the stock closed at $5.5099 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. ZAGG Inc (NASDAQ:ZAGG) has a P/E ratio of 17.2724. Investors can identify how the stock is doing in the market by estimating Price-to-Earnings Growth ratio. ZAGG Inc (NASDAQ:ZAGG) PEG ratio sits at 1.1200. 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 ZAGG Inc visibly illustrates that the 50-day MA of ZAGG Inc is $6.2351, and stock is trading -0.7252 or -11.6315% distant from $6.2351. The 200-day MA is $8.7732, and this price is $-3.2633 or -37.1959% off from current level. ZAGG Inc (NASDAQ:ZAGG) 52-week high is $12.7400 and the 52-week low is $4.7100. This represents that if the stock moves $-7.2301 points up on the chart to make a 52-week high. But, if it declines $+16.9830%, 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...

Click Here to See This Now.

(Visited 10 times, 1 visits today)