Stock To Watch: Ares Commercial Real Estate Corporation (NYSE:ACRE)

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The leading market experts have placed a mean price target of $12.57 on Ares Commercial Real Estate Corporation (NYSE:ACRE) 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 $0.29 a share for the upcoming quarter and $1.07 for the current fiscal. Technical View The technical analysis of Ares Commercial Real Estate Cor plainly substantiates that the 50-day moving average of Ares Commercial Real Estate Cor is $12.12, and stock is hovering 0.25 or +2.06% distant from $12.12. It is noted that the 200-day MA is $11.19, and Ares Commercial Real Estate Cor stock is $1.18 or +10.52% off from this point. Ares Commercial Real Estate Corporation (NYSE:ACRE) 52-week high is $13.18 and the 52-week low is $8.91. This explains if the stock moves $-0.81, it will post a 52-week high. In event of $+38.83% points decline, a 52-week low will be hit. Taking the Valuation Aspect To emphasize the valuation of Ares Commercial Real Estate Cor, 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, Ares Commercial Real Estate Corporation (NYSE:ACRE) ratio came in at 10.95. The stock last ended the trading session at $12.37 and registered a market cap of $352.63M. 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. Ares Commercial Real Estate Corporation (NYSE:ACRE) PEG ratio is at 1.93.

1 Chart Pattern Every Investor Should Know

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