The leading market experts have placed a mean price target of $48.50 on Air Methods Corporation (NASDAQ:AIRM) stock. This price level, which is estimated to be attained in one-year, indicates the mean of stock opinions given by the companies included in the First Call survey. The renowned research firms have predicted earnings of $0.78 a share for the upcoming quarter and $3.24 for the current fiscal.
The technical analysis of Air Methods Corporation plainly substantiates that the 50-day moving average of Air Methods Corporation is $35.23, and stock is trading $-2.80 points away or -7.94% from its 50-day moving average of $35.23. Further it is trading $-4.09 or -11.19% away its 200-day moving average of $36.52. Air Methods Corporation (NASDAQ:AIRM) 52-week high is $46.50 and the 52-week low is $30.57.
This explains if the stock moves $-14.07, it will post a 52-week high. In event of +6.08% decline, a 52-week low will be hit.
Taking the valuation aspect to emphasize the valuation of Air Methods Corporation, shareholders can apply financial tool known as price-to-earnings ratio. This financial ratio assesses stock’s valuation by considering the relative expense of the stock. Following this ratio, Air Methods Corporation (NASDAQ:AIRM) ratio came in at 11.05.
The stock last ended the trading session at $32.43 and registered a market cap of $1.24B. To appraise firm’s growth, the shareholders take help of the Price-to-Earnings-Growth ratio. When a stock has a higher PEG ratio, it is suggestive of lower stock appreciation in approaching sessions. A stock comes in the group of undervalued stocks when its PEG ratio falls in between 0 and 1. Air Methods Corporation (NASDAQ:AIRM) PEG ratio is at 0.54.
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