Thomson Reuters, a distinguished brokerage company, has placed a 52-week price target of $52.91 on American Campus Communities Inc (NYSE:ACC) shares after it surveyed top market analysts. Calculating estimated earnings after taking into consideration different elements, it is predicted to come at $2.25 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 American Campus Communities Inc (NYSE:ACC) stands at 64.76.
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 American Campus Communities Inc, the PEG ratio for coming 3-5 years is 8.63.
The technical analysis highlights that American Campus Communities Inc current is trading $-1.80 points away or -3.47% from its 50-day moving average of $52.05. Further it is trading $2.46 or +5.15% away its 200-day moving average of $47.79.
The 52-week high of American Campus Communities Inc (NYSE:ACC) was $54.56 while lowest point recorded in 52-week was $32.12. It implies if stock price makes a movement of over $-4.31, it will record a new 52-week high. In the case of +56.44% drop, it will touch a new 52-week low.
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