The leading market experts have placed a mean price target of $14.00 on Rambus, Inc. (NASDAQ:RMBS) 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 $0.18 a share for the upcoming quarter and $0.60 for the current fiscal.
The technical analysis of Rambus, Inc. plainly substantiates that the 50-day moving average of Rambus, Inc. is $12.80, and stock is trading $0.73 points away or +5.69% from its 50-day moving average of $12.80. Further it is trading $0.97 or +7.76% away its 200-day moving average of $12.56. Rambus, Inc. (NASDAQ:RMBS) 52-week high is $14.17 and the 52-week low is $9.86.
This explains if the stock moves $-0.64, it will post a 52-week high. In event of +37.22% decline, a 52-week low will be hit.
Taking the valuation aspect to emphasize the valuation of Rambus, 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, Rambus, Inc. (NASDAQ:RMBS) ratio came in at 7.70.
The stock last ended the trading session at $13.53 and registered a market cap of $1.49B. 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. Rambus, Inc. (NASDAQ:RMBS) PEG ratio is at 0.70.
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