The leading market experts have placed a mean price target of $15.50 on New Residential Investment Corp. (NYSE:NRZ) 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 $0.00 a share for the upcoming quarter and $1.72 for the current fiscal.
The technical analysis of New Residential Investment Corp plainly substantiates that the 50-day moving average of New Residential Investment Corp is $13.91, and stock is trading $0.54 points away or +3.85% from its 50-day moving average of $13.91. Further it is trading $1.66 or +12.98% away its 200-day moving average of $12.79. New Residential Investment Corp. (NYSE:NRZ) 52-week high is $15.00 and the 52-week low is $9.07.
This explains if the stock moves $-0.55, it will post a 52-week high. In event of +59.32% decline, a 52-week low will be hit.
Taking the valuation aspect to emphasize the valuation of New Residential Investment 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, New Residential Investment Corp. (NYSE:NRZ) ratio came in at 9.88.
The stock last ended the trading session at $14.45 and registered a market cap of $3.33B. 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. New Residential Investment Corp. (NYSE:NRZ) PEG ratio is at 0.00.
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