The leading market experts have placed a mean price target of $39.00 on The Andersons, Inc. (NASDAQ:ANDE) 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 $0.77 a share for the upcoming quarter and $0.94 for the current fiscal.
The technical analysis of The Andersons, Inc. plainly substantiates that the 50-day moving average of The Andersons, Inc. is $36.43, and stock is trading $-0.05 points away or -0.15% from its 50-day moving average of $36.43. Further it is trading $3.77 or +11.57% away its 200-day moving average of $32.61. The Andersons, Inc. (NASDAQ:ANDE) 52-week high is $38.74 and the 52-week low is $23.25.
This explains if the stock moves $-2.36, it will post a 52-week high. In event of +56.47% decline, a 52-week low will be hit.
Taking the valuation aspect to emphasize the valuation of The Andersons, 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, The Andersons, Inc. (NASDAQ:ANDE) ratio came in at N/A.
The stock last ended the trading session at $36.38 and registered a market cap of $1.03B. 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. The Andersons, Inc. (NASDAQ:ANDE) PEG ratio is at 4.80.
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