The leading market experts have placed a mean price target of $115.500 on Unifirst Corporation (NYSE:UNF) 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 $1.740 a share for the upcoming quarter and $5.670 for the current fiscal.
The technical analysis of Unifirst Corporation Common Sto plainly substantiates that the 50-day moving average of Unifirst Corporation Common Sto is $120.459, and stock is trading $9.173 points away or +7.615% from its 50-day moving average of $120.459. Further it is trading $16.503 or +14.588% away its 200-day moving average of $113.129. Unifirst Corporation (NYSE:UNF) 52-week high is $130.400 and the 52-week low is $96.900.
This explains if the stock moves $-0.768, it will post a 52-week high. In event of +33.779% decline, a 52-week low will be hit.
Taking the valuation aspect to emphasize the valuation of Unifirst Corporation Common Sto, 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, Unifirst Corporation (NYSE:UNF) ratio came in at 22.133.
The stock last ended the trading session at $129.632 and registered a market cap of $2.63B. 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. Unifirst Corporation (NYSE:UNF) PEG ratio is at 2.050.
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