Stock To Watch: Exar Corporation (NYSE:EXAR)


The leading market experts have placed a mean price target of $11.88 on Exar Corporation (NYSE:EXAR) 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 $0.09 a share for the upcoming quarter and $0.34 for the current fiscal.

Technical View

The technical analysis of Exar Corporation Common Stock plainly substantiates that the 50-day moving average of Exar Corporation Common Stock is $8.36, and stock is trading $0.77 points away or +9.26% from its 50-day moving average of $8.36. Further it is trading $2.44 or +36.42% away its 200-day moving average of $6.69. Exar Corporation (NYSE:EXAR) 52-week high is $9.24 and the 52-week low is $4.82.

This explains if the stock moves $-0.11, it will post a 52-week high. In event of +89.42% decline, a 52-week low will be hit.

Taking the valuation aspect to emphasize the valuation of Exar Corporation 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, Exar Corporation (NYSE:EXAR) ratio came in at N/A.

The stock last ended the trading session at $9.13 and registered a market cap of $452.61M. 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. Exar Corporation (NYSE:EXAR) PEG ratio is at 1.76.

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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