Stock To Watch: Bankrate, Inc. (NYSE:RATE)


The leading market experts have placed a mean price target of $11.22 on Bankrate, Inc. (NYSE:RATE) 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 $0.18 a share for the upcoming quarter and $0.54 for the current fiscal.

Technical View

The technical analysis of Bankrate, Inc. Common Stock plainly substantiates that the 50-day moving average of Bankrate, Inc. Common Stock is $7.97, and stock is trading $-0.31 points away or -3.89% from its 50-day moving average of $7.97. Further it is trading $-1.18 or -13.38% away its 200-day moving average of $8.84. Bankrate, Inc. (NYSE:RATE) 52-week high is $15.80 and the 52-week low is $6.59.

This explains if the stock moves $-8.14, it will post a 52-week high. In event of +16.24% decline, a 52-week low will be hit.

Taking the valuation aspect to emphasize the valuation of Bankrate, 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, Bankrate, Inc. (NYSE:RATE) ratio came in at N/A.

The stock last ended the trading session at $7.66 and registered a market cap of $681.49M. 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. Bankrate, Inc. (NYSE:RATE) PEG ratio is at 0.72.

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