Thomson Reuters, a distinguished brokerage company, has placed a 52-week price target of $104.19 on Grupo Aeroportuario Del Pacifico, S.A. de C.V. (NYSE:PAC) shares after it surveyed top market analysts. Calculating estimated earnings after taking into consideration different elements, it is predicted to come at $3.45 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 Grupo Aeroportuario Del Pacifico, S.A. de C.V. (NYSE:PAC) stands at 32.29.
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 Grupo Aeroportuario Del Pacific, the PEG ratio for coming 3-5 years is 5.77.
The technical analysis highlights that Grupo Aeroportuario Del Pacific current is trading $-5.32 points away or -5.24% from its 50-day moving average of $101.53. Further it is trading $0.73 or +0.76% away its 200-day moving average of $95.48.
The 52-week high of Grupo Aeroportuario Del Pacifico, S.A. de C.V. (NYSE:PAC) was $108.24 while lowest point recorded in 52-week was $76.65. It implies if stock price makes a movement of over $-12.03, it will record a new 52-week high. In the case of +25.52% drop, it will touch a new 52-week low.
1 Chart Pattern Every Investor Should Know
This little-known pattern preceded moves of 578% in ARWR, 562% in LCI, 513% in ICPT, 439% in EGRX, 408% in ADDUS and more...