Stock To Watch: Western Refining, Inc. (NYSE:WNR)


The leading market experts have placed a mean price target of $23.40 on Western Refining, Inc. (NYSE:WNR) 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 $0.01 a share for the upcoming quarter and $1.19 for the current fiscal.

Technical View

The technical analysis of Western Refining Inc. Western R plainly substantiates that the 50-day moving average of Western Refining Inc. Western R is $21.62, and stock is trading $1.64 points away or +7.57% from its 50-day moving average of $21.62. Further it is trading $-1.16 or -4.75% away its 200-day moving average of $24.42. Western Refining, Inc. (NYSE:WNR) 52-week high is $47.55 and the 52-week low is $18.14.

This explains if the stock moves $-24.29, it will post a 52-week high. In event of +28.22% decline, a 52-week low will be hit.

Taking the valuation aspect to emphasize the valuation of Western Refining Inc. Western R, 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, Western Refining, Inc. (NYSE:WNR) ratio came in at 8.27.

The stock last ended the trading session at $23.26 and registered a market cap of $2.52B. 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. Western Refining, Inc. (NYSE:WNR) PEG ratio is at -1.14.

1 Chart Pattern Every Investor Should Know

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