Stock To Watch: Manning & Napier, Inc. (NYSE:MN)


The leading market experts have placed a mean price target of $8.75 on Manning & Napier, Inc. (NYSE:MN) 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 $0.20 a share for the upcoming quarter and $0.75 for the current fiscal. Technical View The technical analysis of Manning & Napier, Inc. Class A plainly substantiates that the 50-day moving average of Manning & Napier, Inc. Class A is $9.11, and stock is hovering -0.62 or -6.85% distant from $9.11. It is noted that the 200-day MA is $8.20, and Manning & Napier, Inc. Class A stock is $0.29 or +3.56% off from this point. Manning & Napier, Inc. (NYSE:MN) 52-week high is $11.40 and the 52-week low is $5.60. This explains if the stock moves $-2.91, it will post a 52-week high. In event of $+51.61% points decline, a 52-week low will be hit. Taking the Valuation Aspect To emphasize the valuation of Manning & Napier, Inc. Class A , 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, Manning & Napier, Inc. (NYSE:MN) ratio came in at 10.35. The stock last ended the trading session at $8.49 and registered a market cap of $127.62M. 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. Manning & Napier, Inc. (NYSE:MN) PEG ratio is at -1.49.

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...

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