Stock To Watch: Convergys Corporation (NYSE:CVG)


The leading market experts have placed a mean price target of $32.00 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 $0.56 a share for the upcoming quarter and $1.91 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 $28.26, and stock is trading $2.04 points away or +7.20% from its 50-day moving average of $28.26. Further it is trading $3.26 or +12.06% away its 200-day moving average of $27.04. Convergys Corporation (NYSE:CVG) 52-week high is $30.36 and the 52-week low is $22.36.

This explains if the stock moves $-0.06, it will post a 52-week high. In event of +35.51% 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 17.74.

The stock last ended the trading session at $30.30 and registered a market cap of $2.91B. 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 1.57.

1 Chart Pattern Every Investor Should Know

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