The leading market experts have placed a mean price target of $15.700 on New York Community Bancorp, Inc. (NYSE:NYCB) 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 $0.280 a share for the upcoming quarter and $1.080 for the current fiscal.
The technical analysis of New York Community Bancorp, Inc plainly substantiates that the 50-day moving average of New York Community Bancorp, Inc is $14.605, and stock is trading $-0.190 points away or -1.304% from its 50-day moving average of $14.605. Further it is trading $-0.738 or -4.872% away its 200-day moving average of $15.153. New York Community Bancorp, Inc. (NYSE:NYCB) 52-week high is $19.180 and the 52-week low is $14.100.
This explains if the stock moves $-4.765, it will post a 52-week high. In event of +2.234% decline, a 52-week low will be hit.
Taking the valuation aspect to emphasize the valuation of New York Community Bancorp, Inc, 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 York Community Bancorp, Inc. (NYSE:NYCB) ratio came in at N/A.
The stock last ended the trading session at $14.415 and registered a market cap of $7.02B. 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 York Community Bancorp, Inc. (NYSE:NYCB) PEG ratio is at 1.330.
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