The leading market experts have placed a mean price target of $23.13 on Rexford Industrial Realty, Inc. (NYSE:REXR) 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 $0.22 a share for the upcoming quarter and $0.86 for the current fiscal.
The technical analysis of Rexford Industrial Realty, Inc. plainly substantiates that the 50-day moving average of Rexford Industrial Realty, Inc. is $22.30, and stock is trading $0.43 points away or +1.94% from its 50-day moving average of $22.30. Further it is trading $2.72 or +13.61% away its 200-day moving average of $20.01. Rexford Industrial Realty, Inc. (NYSE:REXR) 52-week high is $23.02 and the 52-week low is $12.65.
This explains if the stock moves $-0.29, it will post a 52-week high. In event of +79.68% decline, a 52-week low will be hit.
Taking the valuation aspect to emphasize the valuation of Rexford Industrial Realty, 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, Rexford Industrial Realty, Inc. (NYSE:REXR) ratio came in at 86.43.
The stock last ended the trading session at $22.73 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. Rexford Industrial Realty, Inc. (NYSE:REXR) PEG ratio is at 3.98.
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