HMS Holdings Corp (NASDAQ:HMSY) has a mean price target of $24.50 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 $0.19 a share for the very next quarter and $0.69 for this year.
The technical study of HMS Holdings Corp demonstrates that the 50-day moving average of HMS Holdings Corp (NASDAQ:HMSY) stock is $21.70, and is trading $0.12 points away or +0.57% from 50-day moving average of $21.70. It is trading $4.40 or +25.26% away 200-day moving average of $17.42.
The 52-week high of HMS Holdings Corp (NASDAQ:HMSY) was $24.00 while $8.56 is the low mark in the same period. It state HMS Holdings Corp share price has to surge more than $-2.18 to hit 52-week high or drop +154.91% to make a 52-week mark. MA here hints at moving average.
Taking the valuation part to reach the estimation of HMS Holdings Corp, investors apply price-to-earnings ratio, which is shortened as P/E ratio. It weighs equity price by the relative expense of the equity. HMS Holdings Corp (NASDAQ:HMSY) ratio came in at 65.92, after dividing current equity price by yearly earnings. HMS Holdings Corp stock recorded a close of $21.82 in last trading session, registering a market cap of $1.84B.
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. HMS Holdings Corp (NASDAQ:HMSY) PEG ratio is at 2.25.
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