Stock To Watch: National General Holdings Corp (NASDAQ:NGHC)


The leading market experts have placed a mean price target of $26.50 on National General Holdings Corp (NASDAQ:NGHC) 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 $0.48 a share for the upcoming quarter and $1.91 for the current fiscal.

Technical View

The technical analysis of National General Holdings Corp plainly substantiates that the 50-day moving average of National General Holdings Corp is $21.48, and stock is trading $0.49 points away or +2.29% from its 50-day moving average of $21.48. Further it is trading $0.79 or +3.71% away its 200-day moving average of $21.18. National General Holdings Corp (NASDAQ:NGHC) 52-week high is $22.77 and the 52-week low is $17.98.

This explains if the stock moves $-0.80, it will post a 52-week high. In event of +22.19% decline, a 52-week low will be hit.

Taking the valuation aspect to emphasize the valuation of National General 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, National General Holdings Corp (NASDAQ:NGHC) ratio came in at 15.70.

The stock last ended the trading session at $21.97 and registered a market cap of $2.33B. 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. National General Holdings Corp (NASDAQ:NGHC) PEG ratio is at 0.68.

1 Chart Pattern Every Investor Should Know

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