Newfield Exploration Company (NYSE:NFX) PEG Ratio At 1.54


Market experts has given a mean price target of $52.50 to Newfield Exploration Company (NYSE:NFX) stock. The target price is the mean of all calls released by analysts in First Call poll. They have EPS estimate of $0.27 for the near-term quarter and $0.77 for this year.

Technical View

The technical assessment of Newfield Exploration Company Co pinpoints that the 50-day moving average of Newfield Exploration Company (NYSE:NFX) stock is $44.76, and is trading $-2.74 points away or -6.12% from 50-day moving average of $44.76. It is trading $2.54 or +6.42% off 200-day MA of $39.48.

The 52-week high of Newfield Exploration Company (NYSE:NFX) was $47.56 while $20.84 is the low point in the same period. Newfield Exploration Company Co share price has to rise more than $-5.54 to register a high for 52-weeks or drop +101.63% 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.

P/E ratio

Newfield Exploration Company (NYSE:NFX) P/E ratio is N/A while PEG ratio is at 1.54. 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.

Newfield Exploration Company Co stock recorded a close of $42.02 in last trading session, which brings it market cap to $8.27B.

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...

Click Here to See This Now.

(Visited 17 times, 1 visits today)