New York Community Bancorp, Inc. (NYSE:NYCB) has obtained a mean price target of $16.570 by market experts. The research group First Call has reached this mean recommendation by taking into account the recommendations of leading analysts in the market. These market experts have disclosed projected earnings of $0.290 a share for the near-term quarter and $1.120 for this year. Technical View The technical analysis of New York Community Bancorp, Inc clearly shows that the moving average of 50-days of New York Community Bancorp, Inc. (NYSE:NYCB) stock is $15.177, and stock is trading -0.812 or -5.348% off from $15.177. Coming to moving average of 200-days, it is $15.474, and the stock is $-1.109 or -7.166% off from this point. The 52-week high of New York Community Bancorp, Inc. (NYSE:NYCB) was $19.180 while $14.260 is the low in the same period. This state New York Community Bancorp, Inc shares price has to travel more than $-4.815 to register a new high of 52-weeks or drop $+0.736% to touch a new 52-week low point. MA here stands for moving average. Taking the Valuation Aspect To reach the estimation of New York Community Bancorp, Inc, investors use price-to-earnings ratio, which is truncated as P/E ratio. It assesses shares price by the relative expense of the stock. New York Community Bancorp, Inc. (NYSE:NYCB) ratio came in at N/A, which was derived by dividing current price of stock by yearly earnings. New York Community Bancorp, Inc stock recorded a close of $14.365 in last trading session, reaching a market cap of $7.00B. Investors calculate the Price-to-Earnings-Growth ratio to get a clear view on the valuation of a firm. In the case of a higher PEG ratio, the shareholders look to sell their stock holdings. The undervalued stock has a PEG ratio of 0 or 1 while the fairly valued stock has the ratio of 1 and 2. The New York Community Bancorp, Inc. (NYSE:NYCB) PEG ratio is at 1.810.
1 Chart Pattern Every Investor Should Know