The leading market experts have placed a mean price target of $6.25 on Skullcandy, Inc. (NASDAQ:SKUL) 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 $0.35 a share for the upcoming quarter and $0.24 for the current fiscal.
The technical analysis of Skullcandy, Inc. plainly substantiates that the 50-day moving average of Skullcandy, Inc. is $6.16, and stock is trading $0.15 points away or +2.36% from its 50-day moving average of $6.16. Further it is trading $1.82 or +40.56% away its 200-day moving average of $4.49. Skullcandy, Inc. (NASDAQ:SKUL) 52-week high is $7.23 and the 52-week low is $2.75.
This explains if the stock moves $-0.92, it will post a 52-week high. In event of +129.45% decline, a 52-week low will be hit.
Taking the valuation aspect to emphasize the valuation of Skullcandy, 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, Skullcandy, Inc. (NASDAQ:SKUL) ratio came in at 105.17.
The stock last ended the trading session at $6.31 and registered a market cap of $181.39M. 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. Skullcandy, Inc. (NASDAQ:SKUL) PEG ratio is at 1.78.
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