RE/MAX Holdings, Inc. (NYSE:RMAX) has a mean price target of $42.20 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 $0.00 a share for the very next quarter and $3.80 for this year.
The technical study of RE/MAX Holdings, Inc. Class A C demonstrates that the 50-day moving average of RE/MAX Holdings, Inc. (NYSE:RMAX) stock is $42.16, and is trading $-0.39 points away or -0.92% from 50-day moving average of $42.16. It is trading $2.61 or +6.68% away 200-day moving average of $39.16.
The 52-week high of RE/MAX Holdings, Inc. (NYSE:RMAX) was $44.13 while $30.22 is the low mark in the same period. It state RE/MAX Holdings, Inc. Class A C share price has to surge more than $-2.36 to hit 52-week high or drop +38.22% to make a 52-week mark. MA here hints at moving average.
Taking the valuation part to reach the estimation of RE/MAX Holdings, Inc. Class A 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. RE/MAX Holdings, Inc. (NYSE:RMAX) ratio came in at 31.01, after dividing current equity price by yearly earnings. RE/MAX Holdings, Inc. Class A C stock recorded a close of $41.77 in last trading session, registering a market cap of $737.03M.
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. RE/MAX Holdings, Inc. (NYSE:RMAX) PEG ratio is at 0.00.
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