Stock To Watch: Convergys Corporation (NYSE:CVG)


The leading market experts have placed a mean price target of $29.67 on Convergys Corporation (NYSE:CVG) 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 $0.46 a share for the upcoming quarter and $1.89 for the current fiscal. Technical View The technical analysis of Convergys Corporation Common St plainly substantiates that the 50-day moving average of Convergys Corporation Common St is $26.28, and stock is hovering 0.39 or +1.47% distant from $26.28. It is noted that the 200-day MA is $26.05, and Convergys Corporation Common St stock is $0.62 or +2.39% off from this point. Convergys Corporation (NYSE:CVG) 52-week high is $28.54 and the 52-week low is $20.57. This explains if the stock moves $-1.87, it will post a 52-week high. In event of $+29.65% points decline, a 52-week low will be hit. Taking the Valuation Aspect To emphasize the valuation of Convergys Corporation Common St, 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, Convergys Corporation (NYSE:CVG) ratio came in at 16.02. The stock last ended the trading session at $26.67 and registered a market cap of $2.57B. 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. Convergys Corporation (NYSE:CVG) PEG ratio is at 1.41.

1 Chart Pattern Every Investor Should Know

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