The leading market experts have placed a mean price target of $13.33 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 $0.27 a share for the upcoming quarter and $1.12 for the current fiscal.
The technical analysis of Ares Commercial Real Estate Cor plainly substantiates that the 50-day moving average of Ares Commercial Real Estate Cor is $12.62, and stock is trading $-0.13 points away or -1.05% from its 50-day moving average of $12.62. Further it is trading $0.97 or +8.38% away its 200-day moving average of $11.52. 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 $-0.69, it will post a 52-week high. In event of +40.18% 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 11.14.
The stock last ended the trading session at $12.49 and registered a market cap of $354.95M. 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 1.86.
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