The leading market experts have placed a mean price target of $76.96 on Quintiles Transitional Holdings Inc. (NYSE:Q) 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 $0.96 a share for the upcoming quarter and $3.78 for the current fiscal. Technical View The technical analysis of Quintiles Transnational Holding plainly substantiates that the 50-day moving average of Quintiles Transnational Holding is $66.69, and stock is hovering 4.98 or +7.47% distant from $66.69. It is noted that the 200-day MA is $65.63, and Quintiles Transnational Holding stock is $6.04 or +9.20% off from this point. Quintiles Transitional Holdings Inc. (NYSE:Q) 52-week high is $80.45 and the 52-week low is $55.01. This explains if the stock moves $-8.78, it will post a 52-week high. In event of $+30.29% points decline, a 52-week low will be hit. Taking the Valuation Aspect To emphasize the valuation of Quintiles Transnational Holding, 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, Quintiles Transitional Holdings Inc. (NYSE:Q) ratio came in at 21.85. The stock last ended the trading session at $71.67 and registered a market cap of $8.58B. 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. Quintiles Transitional Holdings Inc. (NYSE:Q) PEG ratio is at 1.59.
1 Chart Pattern Every Investor Should Know