Thomson Reuters, a distinguished brokerage company, has placed a 52-week price target of $40.58 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 $1.57 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 37.24.
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 4.96.
The technical analysis highlights that Acadia Realty Trust Common Stoc current is trading $-0.63 points away or -1.72% from its 50-day moving average of $36.64. Further it is trading $1.07 or +3.07% away its 200-day moving average of $34.94.
The 52-week high of Acadia Realty Trust (NYSE:AKR) was $38.01 while lowest point recorded in 52-week was $28.47. It implies if stock price makes a movement of over $-2.00, it will record a new 52-week high. In the case of +26.48% drop, it will touch a new 52-week low.
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