Apartment Investment and Management Company (NYSE:AIV) has a mean price target of $47.86 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 $0.59 a share for the very next quarter and $2.31 for this year.
The technical study of Apartment Investment and Manage demonstrates that the 50-day moving average of Apartment Investment and Management Company (NYSE:AIV) stock is $44.88, and is trading $-1.50 points away or -3.33% from 50-day moving average of $44.88. It is trading $1.07 or +2.52% away 200-day moving average of $42.31.
The 52-week high of Apartment Investment and Management Company (NYSE:AIV) was $46.42 while $34.82 is the low mark in the same period. It state Apartment Investment and Manage share price has to surge more than $-3.04 to hit 52-week high or drop +24.58% to make a 52-week mark. MA here hints at moving average.
Taking the valuation part to reach the estimation of Apartment Investment and Manage, investors apply price-to-earnings ratio, which is shortened as P/E ratio. It weighs equity price by the relative expense of the equity. Apartment Investment and Management Company (NYSE:AIV) ratio came in at 20.45, after dividing current equity price by yearly earnings. Apartment Investment and Manage stock recorded a close of $43.38 in last trading session, registering a market cap of $6.79B.
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. Apartment Investment and Management Company (NYSE:AIV) PEG ratio is at 2.69.
1 Chart Pattern Every Investor Should Know
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