The leading market experts have placed a mean price target of $165.76 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 $1.46 a share for the upcoming quarter and $10.91 for the current fiscal.
The technical analysis of Anthem, Inc. Common Stock plainly substantiates that the 50-day moving average of Anthem, Inc. Common Stock is $131.42, and stock is trading $-3.59 points away or -2.73% from its 50-day moving average of $131.42. Further it is trading $-6.65 or -4.94% away its 200-day moving average of $134.48. Anthem, Inc. (NYSE:ANTM) 52-week high is $152.44 and the 52-week low is $115.63.
This explains if the stock moves $-24.61, it will post a 52-week high. In event of +10.55% 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 14.78.
The stock last ended the trading session at $127.83 and registered a market cap of $33.64B. 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 1.07.
1 Chart Pattern Every Investor Should Know
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