Stock To Watch: ZAGG Inc (NASDAQ:ZAGG)


The leading market experts have placed a mean price target of $10.70 on ZAGG Inc (NASDAQ:ZAGG) 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 $0.19 a share for the upcoming quarter and $0.48 for the current fiscal. Technical View The technical analysis of ZAGG Inc plainly substantiates that the 50-day moving average of ZAGG Inc is $5.36, and stock is hovering 1.60 or +29.85% distant from $5.36. It is noted that the 200-day MA is $7.83, and ZAGG Inc stock is $-0.87 or -11.12% off from this point. ZAGG Inc (NASDAQ:ZAGG) 52-week high is $12.74 and the 52-week low is $4.71. This explains if the stock moves $-5.78, it will post a 52-week high. In event of $+47.77% points decline, a 52-week low will be hit. Taking the Valuation Aspect To emphasize the valuation of ZAGG Inc, 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, ZAGG Inc (NASDAQ:ZAGG) ratio came in at 21.82. The stock last ended the trading session at $6.96 and registered a market cap of $195.68M. 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. ZAGG Inc (NASDAQ:ZAGG) PEG ratio is at 1.33.

1 Chart Pattern Every Investor Should Know

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