Thomson Reuters, a distinguished brokerage company, has placed a 52-week price target of $41.00 on ExamWorks Group, Inc. (NYSE:EXAM) shares after it surveyed top market analysts. Calculating estimated earnings after taking into consideration different elements, it is predicted to come at $0.60 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 ExamWorks Group, Inc. (NYSE:EXAM) stands at N/A.
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 ExamWorks Group, Inc. Common St, the PEG ratio for coming 3-5 years is 0.00.
The technical analysis highlights that ExamWorks Group, Inc. Common St current is trading $0.07 points away or +0.20% from its 50-day moving average of $34.99. Further it is trading $3.01 or +9.37% away its 200-day moving average of $32.06.
The 52-week high of ExamWorks Group, Inc. (NYSE:EXAM) was $36.82 while lowest point recorded in 52-week was $21.98. It implies if stock price makes a movement of over $-1.76, it will record a new 52-week high. In the case of +59.51% drop, it will touch a new 52-week low.
1 Chart Pattern Every Investor Should Know