Why DigitalGlobe, Inc (NYSE:DGI) Is In News?


Thomson Reuters, a distinguished brokerage company, has placed a 52-week price target of $28.40 on DigitalGlobe, Inc (NYSE:DGI) shares after it surveyed top market analysts. Calculating estimated earnings after taking into consideration different elements, it is predicted to come at $0.42 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 DigitalGlobe, Inc (NYSE:DGI) stands at 54.05.

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 DigitalGlobe, Inc Common Stock, the PEG ratio for coming 3-5 years is 171.32.

Technical Analysis

The technical analysis highlights that DigitalGlobe, Inc Common Stock current is trading $3.24 points away or +12.93% from its 50-day moving average of $25.08. Further it is trading $8.07 or +39.84% away its 200-day moving average of $20.25.

The 52-week high of DigitalGlobe, Inc (NYSE:DGI) was $28.33 while lowest point recorded in 52-week was $11.80. It implies if stock price makes a movement of over $-0.01, it will record a new 52-week high. In the case of +140.00% drop, it will touch a new 52-week low.

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