Stock To Watch: Snyder's-Lance, Inc. (NASDAQ:LNCE)


The leading market experts have placed a mean price target of $37.80 on Snyder's-Lance, Inc. (NASDAQ:LNCE) 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 $0.33 a share for the upcoming quarter and $1.26 for the current fiscal. Technical View The technical analysis of Snyder’s-Lance, Inc. plainly substantiates that the 50-day moving average of Snyder’s-Lance, Inc. is $33.66, and stock is hovering 0.60 or +1.78% distant from $33.66. It is noted that the 200-day MA is $32.13, and Snyder’s-Lance, Inc. stock is $2.13 or +6.64% off from this point. Snyder's-Lance, Inc. (NASDAQ:LNCE) 52-week high is $39.10 and the 52-week low is $27.93. This explains if the stock moves $-4.84, it will post a 52-week high. In event of $+22.66% points decline, a 52-week low will be hit. Taking the Valuation Aspect To emphasize the valuation of Snyder’s-Lance, 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, Snyder's-Lance, Inc. (NASDAQ:LNCE) ratio came in at 175.69. The stock last ended the trading session at $34.26 and registered a market cap of $3.28B. 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. Snyder's-Lance, Inc. (NASDAQ:LNCE) PEG ratio is at 3.06.

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