The leading market experts have placed a mean price target of $19.40 on Heritage Financial Corporation (NASDAQ:HFWA) 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 $0.32 a share for the upcoming quarter and $1.25 for the current fiscal.
The technical analysis of Heritage Financial Corporation plainly substantiates that the 50-day moving average of Heritage Financial Corporation is $17.61, and stock is trading $0.40 points away or +2.27% from its 50-day moving average of $17.61. Further it is trading $0.39 or +2.19% away its 200-day moving average of $17.62. Heritage Financial Corporation (NASDAQ:HFWA) 52-week high is $19.80 and the 52-week low is $16.40.
This explains if the stock moves $-1.79, it will post a 52-week high. In event of +9.82% decline, a 52-week low will be hit.
Taking the valuation aspect to emphasize the valuation of Heritage 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, Heritage Financial Corporation (NASDAQ:HFWA) ratio came in at 14.59.
The stock last ended the trading session at $18.01 and registered a market cap of $535.04M. 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. Heritage Financial Corporation (NASDAQ:HFWA) PEG ratio is at 1.80.
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