The leading market experts have placed a mean price target of $116.50 on Randgold Resources Limited (NASDAQ:GOLD) 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 $1.21 a share for the upcoming quarter and $3.15 for the current fiscal.
The technical analysis of Randgold Resources Limited plainly substantiates that the 50-day moving average of Randgold Resources Limited is $112.87, and stock is trading $-14.12 points away or -12.51% from its 50-day moving average of $112.87. Further it is trading $0.75 or +0.76% away its 200-day moving average of $98.00. Randgold Resources Limited (NASDAQ:GOLD) 52-week high is $126.55 and the 52-week low is $54.88.
This explains if the stock moves $-27.80, it will post a 52-week high. In event of +79.94% decline, a 52-week low will be hit.
Taking the valuation aspect to emphasize the valuation of Randgold Resources Limited, 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, Randgold Resources Limited (NASDAQ:GOLD) ratio came in at 48.86.
The stock last ended the trading session at $98.75 and registered a market cap of $9.25B. 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. Randgold Resources Limited (NASDAQ:GOLD) PEG ratio is at 5.07.
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