Why Almost Family Inc (NASDAQ:AFAM) Is In News?


Thomson Reuters, a distinguished brokerage company, has placed a 52-week price target of $44.95 on Almost Family Inc (NASDAQ:AFAM) shares after it surveyed top market analysts. Calculating estimated earnings after taking into consideration different elements, it is predicted to come at $2.67 for the next fiscal and $N/A for underway quarter.

Valuation Estimates

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 Almost Family Inc (NASDAQ:AFAM) stands at 20.11.

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 Almost Family Inc, the PEG ratio for coming 3-5 years is 1.22.

Technical Analysis

The technical analysis highlights that Almost Family Inc current is trading $-3.16 points away or -7.64% from its 50-day moving average of $41.44. Further it is trading $-1.59 or -3.98% away its 200-day moving average of $39.87.

The 52-week high of Almost Family Inc (NASDAQ:AFAM) was $49.17 while lowest point recorded in 52-week was $34.08. It implies if stock price makes a movement of over $-10.89, it will record a new 52-week high. In the case of +12.32% drop, it will touch a new 52-week low.

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