Stock To Watch: Time Inc. (NYSE:TIME)


The leading market experts have placed a mean price target of $17.75 on Time Inc. (NYSE:TIME) 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 $0.84 a share for the upcoming quarter and $1.24 for the current fiscal.

Technical View

The technical analysis of Time Inc. Common Stock plainly substantiates that the 50-day moving average of Time Inc. Common Stock is $15.02, and stock is trading $-0.80 points away or -5.35% from its 50-day moving average of $15.02. Further it is trading $-1.01 or -6.64% away its 200-day moving average of $15.23. Time Inc. (NYSE:TIME) 52-week high is $20.38 and the 52-week low is $12.23.

This explains if the stock moves $-6.16, it will post a 52-week high. In event of +16.24% decline, a 52-week low will be hit.

Taking the valuation aspect to emphasize the valuation of Time Inc. Common Stock, 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, Time Inc. (NYSE:TIME) ratio came in at N/A.

The stock last ended the trading session at $14.22 and registered a market cap of $1.42B. 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. Time Inc. (NYSE:TIME) PEG ratio is at 2.26.

1 Chart Pattern Every Investor Should Know

This little-known pattern preceded moves of 578% in ARWR, 562% in LCI, 513% in ICPT, 439% in EGRX, 408% in ADDUS and more...

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