Market experts has given a mean price target of $16.95 to Radian Group Inc. (NYSE:RDN) stock. The target price is the mean of all calls released by analysts in First Call poll. They have EPS estimate of $0.40 for the near-term quarter and $1.55 for this year.
The technical assessment of Radian Group Inc. Common Stock pinpoints that the 50-day moving average of Radian Group Inc. (NYSE:RDN) stock is $13.30, and is trading $0.35 points away or +2.65% from 50-day moving average of $13.30. It is trading $1.50 or +12.37% off 200-day MA of $12.15.
The 52-week high of Radian Group Inc. (NYSE:RDN) was $17.77 while $9.29 is the low point in the same period. Radian Group Inc. Common Stock share price has to rise more than $-4.12 to register a high for 52-weeks or drop +46.93% 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.
Radian Group Inc. (NYSE:RDN) P/E ratio is 10.23 while PEG ratio is at 0.65. 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.
Radian Group Inc. Common Stock stock recorded a close of $13.65 in last trading session, which brings it market cap to $2.93B.
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