Stock To Watch: Shaw Communications Inc. (NYSE:SJR)


The leading market experts have placed a mean price target of $19.7700 on Shaw Communications Inc. (NYSE:SJR) 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 $0.5000 a share for the upcoming quarter and $0.8700 for the current fiscal.

Technical View

The technical analysis of Shaw Communications Inc. Common plainly substantiates that the 50-day moving average of Shaw Communications Inc. Common is $19.5669, and stock is trading $0.6173 points away or +3.1548% from its 50-day moving average of $19.5669. Further it is trading $1.5260 or +8.1787% away its 200-day moving average of $18.6582. Shaw Communications Inc. (NYSE:SJR) 52-week high is $21.4100 and the 52-week low is $15.6600.

This explains if the stock moves $-1.2258, it will post a 52-week high. In event of +28.8902% decline, a 52-week low will be hit.

Taking the valuation aspect to emphasize the valuation of Shaw Communications Inc. Common, 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, Shaw Communications Inc. (NYSE:SJR) ratio came in at 9.4851.

The stock last ended the trading session at $20.1842 and registered a market cap of $9.76B. 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. Shaw Communications Inc. (NYSE:SJR) PEG ratio is at -9.3000.

1 Chart Pattern Every Investor Should Know

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