The leading market experts have placed a mean price target of $18.50 on Silver Bay Realty Trust Corp. (NYSE:SBY) 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 $0.19 a share for the upcoming quarter and $0.80 for the current fiscal. Technical View The technical analysis of Silver Bay Realty Trust Corp. C plainly substantiates that the 50-day moving average of Silver Bay Realty Trust Corp. C is $17.16, and stock is hovering 0.72 or +4.20% distant from $17.16. It is noted that the 200-day MA is $15.07, and Silver Bay Realty Trust Corp. C stock is $2.81 or +18.67% off from this point. Silver Bay Realty Trust Corp. (NYSE:SBY) 52-week high is $18.27 and the 52-week low is $12.03. This explains if the stock moves $-0.39, it will post a 52-week high. In event of $+48.63% points decline, a 52-week low will be hit. Taking the Valuation Aspect To emphasize the valuation of Silver Bay Realty Trust Corp. C, 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, Silver Bay Realty Trust Corp. (NYSE:SBY) ratio came in at N/A. The stock last ended the trading session at $17.88 and registered a market cap of $634.04M. 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. Silver Bay Realty Trust Corp. (NYSE:SBY) PEG ratio is at 1.77.
1 Chart Pattern Every Investor Should Know