BofI Holding, Inc. (NASDAQ:BOFI) has a mean price target of $31.17 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 $0.51 a share for the very next quarter and $2.14 for this year.
The technical study of BofI Holding, Inc. demonstrates that the 50-day moving average of BofI Holding, Inc. (NASDAQ:BOFI) stock is $19.17, and is trading $2.32 points away or +12.12% from 50-day moving average of $19.17. It is trading $2.66 or +14.12% away 200-day moving average of $18.83.
The 52-week high of BofI Holding, Inc. (NASDAQ:BOFI) was $35.98 while $13.47 is the low mark in the same period. It state BofI Holding, Inc. share price has to surge more than $-14.49 to hit 52-week high or drop +59.54% to make a 52-week mark. MA here hints at moving average.
Taking the valuation part to reach the estimation of BofI Holding, Inc., investors apply price-to-earnings ratio, which is shortened as P/E ratio. It weighs equity price by the relative expense of the equity. BofI Holding, Inc. (NASDAQ:BOFI) ratio came in at 11.62, after dividing current equity price by yearly earnings. BofI Holding, Inc. stock recorded a close of $21.49 in last trading session, registering a market cap of $1.36B.
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. BofI Holding, Inc. (NASDAQ:BOFI) PEG ratio is at 1.01.
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...