Stock To Watch: Banner Corporation (NASDAQ:BANR)


The leading market experts have placed a mean price target of $48.86 on Banner Corporation (NASDAQ:BANR) 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 $0.73 a share for the upcoming quarter and $2.76 for the current fiscal.

Technical View

The technical analysis of Banner Corporation plainly substantiates that the 50-day moving average of Banner Corporation is $42.88, and stock is trading $1.28 points away or +3.00% from its 50-day moving average of $42.88. Further it is trading $2.00 or +4.74% away its 200-day moving average of $42.16. Banner Corporation (NASDAQ:BANR) 52-week high is $53.55 and the 52-week low is $35.39.

This explains if the stock moves $-9.39, it will post a 52-week high. In event of +24.78% decline, a 52-week low will be hit.

Taking the valuation aspect to emphasize the valuation of Banner Corporation, 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, Banner Corporation (NASDAQ:BANR) ratio came in at 23.18.

The stock last ended the trading session at $44.16 and registered a market cap of $1.52B. 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. Banner Corporation (NASDAQ:BANR) PEG ratio is at 1.57.

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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