Northwest Natural Gas Company (NYSE:NWN) has a mean price target of $57.00 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 $1.10 a share for the very next quarter and $2.08 for this year.
The technical study of Northwest Natural Gas Company C demonstrates that the 50-day moving average of Northwest Natural Gas Company (NYSE:NWN) stock is $62.46, and is trading $-3.20 points away or -5.13% from 50-day moving average of $62.46. It is trading $1.74 or +3.02% away 200-day moving average of $57.52.
The 52-week high of Northwest Natural Gas Company (NYSE:NWN) was $66.17 while $42.88 is the low mark in the same period. It state Northwest Natural Gas Company C share price has to surge more than $-6.91 to hit 52-week high or drop +38.20% to make a 52-week mark. MA here hints at moving average.
Taking the valuation part to reach the estimation of Northwest Natural Gas Company C, investors apply price-to-earnings ratio, which is shortened as P/E ratio. It weighs equity price by the relative expense of the equity. Northwest Natural Gas Company (NYSE:NWN) ratio came in at 26.43, after dividing current equity price by yearly earnings. Northwest Natural Gas Company C stock recorded a close of $59.26 in last trading session, registering a market cap of $1.63B.
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. Northwest Natural Gas Company (NYSE:NWN) PEG ratio is at 7.15.
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...