The leading market experts have placed a mean price target of $80.71 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 $1.02 a share for the upcoming quarter and $3.81 for the current fiscal.
The technical analysis of Quintiles Transnational Holding plainly substantiates that the 50-day moving average of Quintiles Transnational Holding is $75.24, and stock is trading $2.04 points away or +2.71% from its 50-day moving average of $75.24. Further it is trading $8.72 or +12.72% away its 200-day moving average of $68.56. Quintiles Transitional Holdings Inc. (NYSE:Q) 52-week high is $78.86 and the 52-week low is $55.01.
This explains if the stock moves $-1.58, it will post a 52-week high. In event of +40.48% 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 23.24.
The stock last ended the trading session at $77.28 and registered a market cap of $9.16B. 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 1.60.
1 Chart Pattern Every Investor Should Know