The leading market experts have placed a mean price target of $27.20 on Rayonier Inc. (NYSE:RYN) 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 $0.07 a share for the upcoming quarter and $0.38 for the current fiscal.
The technical analysis of Rayonier Inc. REIT Common Stock plainly substantiates that the 50-day moving average of Rayonier Inc. REIT Common Stock is $26.69, and stock is trading $0.29 points away or +1.10% from its 50-day moving average of $26.69. Further it is trading $2.34 or +9.49% away its 200-day moving average of $24.64. Rayonier Inc. (NYSE:RYN) 52-week high is $27.64 and the 52-week low is $17.85.
This explains if the stock moves $-0.66, it will post a 52-week high. In event of +51.15% decline, a 52-week low will be hit.
Taking the valuation aspect to emphasize the valuation of Rayonier Inc. REIT Common Stock, 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, Rayonier Inc. (NYSE:RYN) ratio came in at 21.64.
The stock last ended the trading session at $26.98 and registered a market cap of $3.31B. 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. Rayonier Inc. (NYSE:RYN) PEG ratio is at 14.42.
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