Retail Opportunity Investments Corp. (NASDAQ:ROIC) Projected EPS At $0.26 For Next Quarter


Retail Opportunity Investments Corp. (NASDAQ:ROIC) has a mean price target of $23.63 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 $0.26 a share for the very next quarter and $1.07 for this year.

Technical View

The technical study of Retail Opportunity Investments demonstrates that the 50-day moving average of Retail Opportunity Investments Corp. (NASDAQ:ROIC) stock is $22.31, and is trading $-1.11 points away or -4.96% from 50-day moving average of $22.31. It is trading $0.40 or +1.92% away 200-day moving average of $20.80.

The 52-week high of Retail Opportunity Investments Corp. (NASDAQ:ROIC) was $23.05 while $15.96 is the low mark in the same period. It state Retail Opportunity Investments share price has to surge more than $-1.85 to hit 52-week high or drop +32.83% to make a 52-week mark. MA here hints at moving average.

Taking the valuation part to reach the estimation of Retail Opportunity Investments , investors apply price-to-earnings ratio, which is shortened as P/E ratio. It weighs equity price by the relative expense of the equity. Retail Opportunity Investments Corp. (NASDAQ:ROIC) ratio came in at 69.97, after dividing current equity price by yearly earnings. Retail Opportunity Investments stock recorded a close of $21.20 in last trading session, registering a market cap of $2.31B.

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. Retail Opportunity Investments Corp. (NASDAQ:ROIC) PEG ratio is at 3.84.

1 Chart Pattern Every Investor Should Know

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