The leading market experts have placed a mean price target of $55.22 on Highwoods Properties, Inc. (NYSE:HIW) 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 $0.82 a share for the upcoming quarter and $3.26 for the current fiscal.
The technical analysis of Highwoods Properties, Inc. Comm plainly substantiates that the 50-day moving average of Highwoods Properties, Inc. Comm is $53.94, and stock is trading $-1.10 points away or -2.04% from its 50-day moving average of $53.94. Further it is trading $4.31 or +8.88% away its 200-day moving average of $48.53. Highwoods Properties, Inc. (NYSE:HIW) 52-week high is $56.23 and the 52-week low is $36.57.
This explains if the stock moves $-3.39, it will post a 52-week high. In event of +44.49% decline, a 52-week low will be hit.
Taking the valuation aspect to emphasize the valuation of Highwoods Properties, Inc. Comm, 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, Highwoods Properties, Inc. (NYSE:HIW) ratio came in at 9.87.
The stock last ended the trading session at $52.84 and registered a market cap of $5.21B. 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. Highwoods Properties, Inc. (NYSE:HIW) PEG ratio is at 5.24.
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