Stock To Watch: Hanmi Financial Corporation (NASDAQ:HAFC)


The leading market experts have placed a mean price target of $26.80 on Hanmi Financial Corporation (NASDAQ:HAFC) 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 $0.44 a share for the upcoming quarter and $1.77 for the current fiscal. Technical View The technical analysis of Hanmi Financial Corporation plainly substantiates that the 50-day moving average of Hanmi Financial Corporation is $23.21, and stock is hovering -0.82 or -3.53% distant from $23.21. It is noted that the 200-day MA is $22.32, and Hanmi Financial Corporation stock is $0.07 or +0.30% off from this point. Hanmi Financial Corporation (NASDAQ:HAFC) 52-week high is $28.09 and the 52-week low is $18.92. This explains if the stock moves $-5.70, it will post a 52-week high. In event of $+18.34% points decline, a 52-week low will be hit. Taking the Valuation Aspect To emphasize the valuation of Hanmi Financial 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, Hanmi Financial Corporation (NASDAQ:HAFC) ratio came in at 12.51. The stock last ended the trading session at $22.39 and registered a market cap of $713.37M. 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. Hanmi Financial Corporation (NASDAQ:HAFC) PEG ratio is at 1.69.

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