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


The leading market experts have placed a mean price target of $7.92 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 $0.18 a share for the upcoming quarter and $0.71 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 $7.95, and stock is trading $-0.13 points away or -1.61% from its 50-day moving average of $7.95. Further it is trading $-0.51 or -6.17% away its 200-day moving average of $8.33. Manning & Napier, Inc. (NYSE:MN) 52-week high is $10.34 and the 52-week low is $5.60.

This explains if the stock moves $-2.52, it will post a 52-week high. In event of +39.64% 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 10.30.

The stock last ended the trading session at $7.82 and registered a market cap of $117.55M. 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 -1.09.

1 Chart Pattern Every Investor Should Know

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