Columbia Banking System, Inc. (NASDAQ:COLB) has a mean price target of $31.80 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 $0.47 a share for the very next quarter and $1.76 for this year.
The technical study of Columbia Banking System, Inc. demonstrates that the 50-day moving average of Columbia Banking System, Inc. (NASDAQ:COLB) stock is $32.01, and is trading $0.46 points away or +1.45% from 50-day moving average of $32.01. It is trading $2.42 or +8.05% away 200-day moving average of $30.05.
The 52-week high of Columbia Banking System, Inc. (NASDAQ:COLB) was $36.27 while $26.17 is the low mark in the same period. It state Columbia Banking System, Inc. share price has to surge more than $-3.80 to hit 52-week high or drop +24.07% to make a 52-week mark. MA here hints at moving average.
Taking the valuation part to reach the estimation of Columbia Banking System, 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. Columbia Banking System, Inc. (NASDAQ:COLB) ratio came in at 18.99, after dividing current equity price by yearly earnings. Columbia Banking System, Inc. stock recorded a close of $32.47 in last trading session, registering a market cap of $1.88B.
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. Columbia Banking System, Inc. (NASDAQ:COLB) PEG ratio is at 2.05.
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