Stock To Watch: Harman International Industries, Incorporated (NYSE:HAR)


The leading market experts have placed a mean price target of $93.67 on Harman International Industries, Incorporated (NYSE:HAR) 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 $1.54 a share for the upcoming quarter and $6.19 for the current fiscal. Technical View The technical analysis of Harman International Industries plainly substantiates that the 50-day moving average of Harman International Industries is $75.42, and stock is hovering 2.86 or +3.80% distant from $75.42. It is noted that the 200-day MA is $78.40, and Harman International Industries stock is $-0.12 or -0.15% off from this point. Harman International Industries, Incorporated (NYSE:HAR) 52-week high is $119.19 and the 52-week low is $64.93. This explains if the stock moves $-40.91, it will post a 52-week high. In event of $+20.56% points decline, a 52-week low will be hit. Taking the Valuation Aspect To emphasize the valuation of Harman International Industries, 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, Harman International Industries, Incorporated (NYSE:HAR) ratio came in at 15.67. The stock last ended the trading session at $78.28 and registered a market cap of $5.52B. 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. Harman International Industries, Incorporated (NYSE:HAR) PEG ratio is at 0.88.

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...

Click Here to See This Now.

(Visited 2 times, 1 visits today)