Stock To Watch: WageWorks, Inc. (NYSE:WAGE)


The leading market experts have placed a mean price target of $62.25 on WageWorks, Inc. (NYSE:WAGE) 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 $0.37 a share for the upcoming quarter and $1.41 for the current fiscal. Technical View The technical analysis of WageWorks, Inc. Common Stock plainly substantiates that the 50-day moving average of WageWorks, Inc. Common Stock is $57.23, and stock is hovering 0.51 or +0.89% distant from $57.23. It is noted that the 200-day MA is $49.71, and WageWorks, Inc. Common Stock stock is $8.03 or +16.16% off from this point. WageWorks, Inc. (NYSE:WAGE) 52-week high is $60.81 and the 52-week low is $38.21. This explains if the stock moves $-3.07, it will post a 52-week high. In event of $+51.11% points decline, a 52-week low will be hit. Taking the Valuation Aspect To emphasize the valuation of WageWorks, 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, WageWorks, Inc. (NYSE:WAGE) ratio came in at 90.22. The stock last ended the trading session at $57.74 and registered a market cap of $2.09B. 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. WageWorks, Inc. (NYSE:WAGE) PEG ratio is at 2.83.

1 Chart Pattern Every Investor Should Know

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