The leading market experts have placed a mean price target of $22.6300 on HMS Holdings Corp (NASDAQ:HMSY) 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 $0.1900 a share for the upcoming quarter and $0.6600 for the current fiscal.
The technical analysis of HMS Holdings Corp plainly substantiates that the 50-day moving average of HMS Holdings Corp is $18.7757, and stock is trading $3.9958 points away or +21.2818% from its 50-day moving average of $18.7757. Further it is trading $7.3062 or +47.2425% away its 200-day moving average of $15.4653. HMS Holdings Corp (NASDAQ:HMSY) 52-week high is $22.8400 and the 52-week low is $8.1900.
This explains if the stock moves $-0.0685, it will post a 52-week high. In event of +178.0403% decline, a 52-week low will be hit.
Taking the valuation aspect to emphasize the valuation of HMS Holdings Corp, 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, HMS Holdings Corp (NASDAQ:HMSY) ratio came in at 68.7961.
The stock last ended the trading session at $22.7715 and registered a market cap of $1.92B. 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. HMS Holdings Corp (NASDAQ:HMSY) PEG ratio is at 2.4000.
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