Stock To Watch: Renewable Energy Group, Inc. (NASDAQ:REGI)


The leading market experts have placed a mean price target of $13.17 on Renewable Energy Group, Inc. (NASDAQ:REGI) 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 $0.41 a share for the upcoming quarter and $1.25 for the current fiscal.

Technical View

The technical analysis of Renewable Energy Group, Inc. plainly substantiates that the 50-day moving average of Renewable Energy Group, Inc. is $9.13, and stock is trading $-0.25 points away or -2.69% from its 50-day moving average of $9.13. Further it is trading $-0.02 or -0.19% away its 200-day moving average of $8.90. Renewable Energy Group, Inc. (NASDAQ:REGI) 52-week high is $10.43 and the 52-week low is $6.02.

This explains if the stock moves $-1.55, it will post a 52-week high. In event of +47.51% decline, a 52-week low will be hit.

Taking the valuation aspect to emphasize the valuation of Renewable Energy Group, 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, Renewable Energy Group, Inc. (NASDAQ:REGI) ratio came in at N/A.

The stock last ended the trading session at $8.88 and registered a market cap of $343.47M. 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. Renewable Energy Group, Inc. (NASDAQ:REGI) PEG ratio is at 0.47.

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