Stock To Watch: Anthem, Inc. (NYSE:ANTM)


The leading market experts have placed a mean price target of $172.44 on Anthem, Inc. (NYSE:ANTM) 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 $2.74 a share for the upcoming quarter and $10.93 for the current fiscal. Technical View The technical analysis of Anthem, Inc. Common Stock plainly substantiates that the 50-day moving average of Anthem, Inc. Common Stock is $130.97, and stock is hovering 2.33 or +1.78% distant from $130.97. It is noted that the 200-day MA is $135.22, and Anthem, Inc. Common Stock stock is $-1.92 or -1.42% off from this point. Anthem, Inc. (NYSE:ANTM) 52-week high is $161.80 and the 52-week low is $115.63. This explains if the stock moves $-28.50, it will post a 52-week high. In event of $+15.28% points decline, a 52-week low will be hit. Taking the Valuation Aspect To emphasize the valuation of Anthem, Inc. Common Stock, 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, Anthem, Inc. (NYSE:ANTM) ratio came in at 15.00. The stock last ended the trading session at $133.30 and registered a market cap of $35.05B. 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. Anthem, Inc. (NYSE:ANTM) PEG ratio is at 1.08.

1 Chart Pattern Every Investor Should Know

This little-known pattern preceded moves of 578% in ARWR, 562% in LCI, 513% in ICPT, 439% in EGRX, 408% in ADDUS and more...

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