Market experts has given a mean price target of $46.50 to Commerce Bancshares, Inc. (NASDAQ:CBSH) stock. The target price is the mean of all calls released by analysts in First Call poll. They have EPS estimate of $0.71 for the near-term quarter and $2.77 for this year.
The technical assessment of Commerce Bancshares, Inc. pinpoints that the 50-day moving average of Commerce Bancshares, Inc. (NASDAQ:CBSH) stock is $49.19, and is trading $0.01 points away or +0.02% from 50-day moving average of $49.19. It is trading $1.85 or +3.90% off 200-day MA of $47.35.
The 52-week high of Commerce Bancshares, Inc. (NASDAQ:CBSH) was $51.30 while $37.44 is the low point in the same period. Commerce Bancshares, Inc. share price has to rise more than $-2.10 to register a high for 52-weeks or drop +31.41% to make 52-week low. MA should be referred to as moving average.
Without understanding when a stock is over-valued, or too richly priced, a shareholder may miss out on a chance to cash-in on a profit and investment. Worse, a shareholder might close up their position when a price has no direction.
Commerce Bancshares, Inc. (NASDAQ:CBSH) P/E ratio is 18.85 while PEG ratio is at 2.20. By overlooking a firm’s price-to-earnings ratio, a shareholder could miss out to discover the true value of stocks and end up investing in the wrong stocks. A P/E ratio is a computation of how much investors are wanting to pay for a purchasing an equity relative to the firm’s earnings. It is valuable when comparing the equity price of one firm to another trading in the same industry. The P/E ratio is discovered by dividing market value of stock by average earnings per share in a specified period of time, for instance, the past year.
Commerce Bancshares, Inc. stock recorded a close of $49.20 in last trading session, which brings it market cap to $4.75B.
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