Stock To Watch: Sequential Brands Group, Inc. (NASDAQ:SQBG)


The leading market experts have placed a mean price target of $12.83 on Sequential Brands Group, Inc. (NASDAQ:SQBG) 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 $0.14 a share for the upcoming quarter and $0.48 for the current fiscal. Technical View The technical analysis of Sequential Brands Group, Inc. plainly substantiates that the 50-day moving average of Sequential Brands Group, Inc. is $7.28, and stock is hovering 1.34 or +18.48% distant from $7.28. It is noted that the 200-day MA is $6.96, and Sequential Brands Group, Inc. stock is $1.66 or +23.83% off from this point. Sequential Brands Group, Inc. (NASDAQ:SQBG) 52-week high is $18.59 and the 52-week low is $5.37. This explains if the stock moves $-9.97, it will post a 52-week high. In event of $+60.52% points decline, a 52-week low will be hit. Taking the Valuation Aspect To emphasize the valuation of Sequential Brands 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, Sequential Brands Group, Inc. (NASDAQ:SQBG) ratio came in at N/A. The stock last ended the trading session at $8.62 and registered a market cap of $534.78M. 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. Sequential Brands Group, Inc. (NASDAQ:SQBG) PEG ratio is at 1.17.

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