Thomson Reuters, a distinguished brokerage company, has placed a 52-week price target of $40.580 on Acadia Realty Trust (NYSE:AKR) shares after it surveyed top market analysts. Calculating estimated earnings after taking into consideration different elements, it is predicted to come at $1.580 for the next fiscal and $N/A for underway quarter.
Analysts take into account the price to earnings ratio to estimate the firm’s valuation. This ratio, which is also called as the P/E ratio evaluates the company on relative expense factor. The formula to calculate ratio is stock’s latest price/ per share earnings. The P/E ratio of Acadia Realty Trust (NYSE:AKR) stands at 36.965.
Analysts also work out Price/Earnings Growth ratio in an attempt to estimate the valuation of a firm. This ratio commonly known as the PEG ratio implies the stock’s valuation compared to earnings growth potential. Investors look to invest in the stocks with a lower PEG ratio. For Acadia Realty Trust Common Stoc, the PEG ratio for coming 3-5 years is 11.430.
The technical analysis highlights that Acadia Realty Trust Common Stoc current is trading $-0.715 points away or -1.961% from its 50-day moving average of $36.460. Further it is trading $1.113 or +3.213% away its 200-day moving average of $34.632.
The 52-week high of Acadia Realty Trust (NYSE:AKR) was $38.010 while lowest point recorded in 52-week was $28.340. It implies if stock price makes a movement of over $-2.265, it will record a new 52-week high. In the case of +26.129% drop, it will touch a new 52-week low.
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