Unifirst Corporation (NYSE:UNF) has obtained a mean price target of $115.5000 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 $1.7400 a share for the near-term quarter and $5.6700 for this year.
The technical analysis of Unifirst Corporation Common Sto clearly shows that the moving average of 50-days of Unifirst Corporation (NYSE:UNF) stock is $118.0480, and is trading $8.2521 points away or +6.9905% from its 50-day moving average of $118.0480. Further it is trading $14.2941 or +12.7619% away its 200-day moving average of $112.0060.
The 52-week high of Unifirst Corporation (NYSE:UNF) was $128.3500 while $96.9000 is the low in the same period. This state Unifirst Corporation Common Sto shares price has to travel more than $-2.0499 to register a new high of 52-weeks or drop +30.3407% to touch a new 52-week low point. MA here stands for moving average.
Taking the valuation aspect to reach the estimation of Unifirst Corporation Common Sto, investors use price-to-earnings ratio, which is truncated as P/E ratio. It assesses shares price by the relative expense of the stock. Unifirst Corporation (NYSE:UNF) ratio came in at 21.5640, which was derived by dividing current price of stock by yearly earnings. Unifirst Corporation Common Sto stock recorded a close of $126.3001 in last trading session, reaching a market cap of $2.56B.
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 Unifirst Corporation (NYSE:UNF) PEG ratio is at 2.0200.
1 Chart Pattern Every Investor Should Know
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