Thomson Reuters, a distinguished brokerage company, has placed a 52-week price target of $38.67 on Ethan Allen Interiors Inc. (NYSE:ETH) shares after it surveyed top market analysts. Calculating estimated earnings after taking into consideration different elements, it is predicted to come at $2.19 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 Ethan Allen Interiors Inc. (NYSE:ETH) stands at 17.18.
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 Ethan Allen Interiors Inc. Comm, the PEG ratio for coming 3-5 years is 1.02.
The technical analysis highlights that Ethan Allen Interiors Inc. Comm current is trading $-0.15 points away or -0.45% from its 50-day moving average of $34.52. Further it is trading $2.46 or +7.69% away its 200-day moving average of $31.91.
The 52-week high of Ethan Allen Interiors Inc. (NYSE:ETH) was $36.77 while lowest point recorded in 52-week was $22.46. It implies if stock price makes a movement of over $-2.40, it will record a new 52-week high. In the case of +53.03% drop, it will touch a new 52-week low.
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