The leading market experts have placed a mean price target of $19.00 on United Insurance Holdings Corp. (NASDAQ:UIHC) 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 $0.66 a share for the upcoming quarter and $1.56 for the current fiscal.
The technical analysis of United Insurance Holdings Corp. plainly substantiates that the 50-day moving average of United Insurance Holdings Corp. is $15.78, and stock is trading $-1.06 points away or -6.74% from its 50-day moving average of $15.78. Further it is trading $-2.11 or -12.52% away its 200-day moving average of $16.83. United Insurance Holdings Corp. (NASDAQ:UIHC) 52-week high is $20.04 and the 52-week low is $12.12.
This explains if the stock moves $-5.32, it will post a 52-week high. In event of +21.45% decline, a 52-week low will be hit.
Taking the valuation aspect to emphasize the valuation of United Insurance Holdings Corp., 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, United Insurance Holdings Corp. (NASDAQ:UIHC) ratio came in at 9.16.
The stock last ended the trading session at $14.72 and registered a market cap of $316.10M. 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. United Insurance Holdings Corp. (NASDAQ:UIHC) PEG ratio is at 0.49.
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