The leading market experts have placed a mean price target of $22.67 on Mentor Graphics Corporation (NASDAQ:MENT) 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 $0.41 a share for the upcoming quarter and $1.68 for the current fiscal.
The technical analysis of Mentor Graphics Corporation plainly substantiates that the 50-day moving average of Mentor Graphics Corporation is $21.40, and stock is trading $0.03 points away or +0.15% from its 50-day moving average of $21.40. Further it is trading $1.25 or +6.21% away its 200-day moving average of $20.18. Mentor Graphics Corporation (NASDAQ:MENT) 52-week high is $28.09 and the 52-week low is $16.10.
This explains if the stock moves $-6.66, it will post a 52-week high. In event of +33.11% decline, a 52-week low will be hit.
Taking the valuation aspect to emphasize the valuation of Mentor Graphics Corporation, 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, Mentor Graphics Corporation (NASDAQ:MENT) ratio came in at 27.13.
The stock last ended the trading session at $21.43 and registered a market cap of $2.29B. 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. Mentor Graphics Corporation (NASDAQ:MENT) PEG ratio is at 1.26.
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