Thomson Reuters, a distinguished brokerage company, has placed a 52-week price target of $46.41 on DCT Industrial Trust Inc (NYSE:DCT) shares after it surveyed top market analysts. Calculating estimated earnings after taking into consideration different elements, it is predicted to come at $2.18 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 DCT Industrial Trust Inc (NYSE:DCT) stands at 41.98.
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 DCT Industrial Trust Inc Common, the PEG ratio for coming 3-5 years is 4.30.
The technical analysis highlights that DCT Industrial Trust Inc Common current is trading $0.05 points away or +0.10% from its 50-day moving average of $48.69. Further it is trading $6.27 or +14.75% away its 200-day moving average of $42.47.
The 52-week high of DCT Industrial Trust Inc (NYSE:DCT) was $50.57 while lowest point recorded in 52-week was $31.08. It implies if stock price makes a movement of over $-1.83, it will record a new 52-week high. In the case of +56.82% drop, it will touch a new 52-week low.
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