The leading market experts have placed a mean price target of $55.17 on LTC Properties, Inc. (NYSE:LTC) 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 $0.78 a share for the upcoming quarter and $3.06 for the current fiscal.
The technical analysis of LTC Properties, Inc. Common Sto plainly substantiates that the 50-day moving average of LTC Properties, Inc. Common Sto is $52.48, and stock is trading $-0.43 points away or -0.81% from its 50-day moving average of $52.48. Further it is trading $3.97 or +8.25% away its 200-day moving average of $48.08. LTC Properties, Inc. (NYSE:LTC) 52-week high is $54.00 and the 52-week low is $38.64.
This explains if the stock moves $-1.95, it will post a 52-week high. In event of +34.70% decline, a 52-week low will be hit.
Taking the valuation aspect to emphasize the valuation of LTC Properties, Inc. Common Sto, 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, LTC Properties, Inc. (NYSE:LTC) ratio came in at 24.66.
The stock last ended the trading session at $52.05 and registered a market cap of $2.04B. 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. LTC Properties, Inc. (NYSE:LTC) PEG ratio is at 4.30.
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