The leading market experts have placed a mean price target of $73.50 on Southwest Gas Corporation (NYSE:SWX) 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 $1.37 a share for the upcoming quarter and $3.15 for the current fiscal.
The technical analysis of Southwest Gas Corporation Commo plainly substantiates that the 50-day moving average of Southwest Gas Corporation Commo is $74.41, and stock is trading $-3.59 points away or -4.82% from its 50-day moving average of $74.41. Further it is trading $1.32 or +1.89% away its 200-day moving average of $69.50. Southwest Gas Corporation (NYSE:SWX) 52-week high is $79.58 and the 52-week low is $50.53.
This explains if the stock moves $-8.76, it will post a 52-week high. In event of +40.15% decline, a 52-week low will be hit.
Taking the valuation aspect to emphasize the valuation of Southwest Gas Corporation Commo, 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, Southwest Gas Corporation (NYSE:SWX) ratio came in at 23.13.
The stock last ended the trading session at $70.82 and registered a market cap of $3.36B. 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. Southwest Gas Corporation (NYSE:SWX) PEG ratio is at 5.54.
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