The leading market experts have placed a mean price target of $15.13 on Seaspan Corporation (NYSE:SSW) 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 $0.29 a share for the upcoming quarter and $1.22 for the current fiscal.
The technical analysis of Seaspan Corporation Seaspan Cor plainly substantiates that the 50-day moving average of Seaspan Corporation Seaspan Cor is $14.88, and stock is trading $-0.48 points away or -3.24% from its 50-day moving average of $14.88. Further it is trading $-1.67 or -10.41% away its 200-day moving average of $16.07. Seaspan Corporation (NYSE:SSW) 52-week high is $20.00 and the 52-week low is $13.53.
This explains if the stock moves $-5.60, it will post a 52-week high. In event of +6.43% decline, a 52-week low will be hit.
Taking the valuation aspect to emphasize the valuation of Seaspan Corporation Seaspan Cor, 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, Seaspan Corporation (NYSE:SSW) ratio came in at 16.63.
The stock last ended the trading session at $14.40 and registered a market cap of $1.52B. 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. Seaspan Corporation (NYSE:SSW) PEG ratio is at 1.33.
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