Thomson Reuters, a distinguished brokerage company, has placed a 52-week price target of $67.47 on LifePoint Hospitals, Inc. (NASDAQ:LPNT) shares after it surveyed top market analysts. Calculating estimated earnings after taking into consideration different elements, it is predicted to come at $3.51 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 LifePoint Hospitals, Inc. (NASDAQ:LPNT) stands at 19.31.
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 LifePoint Health, Inc., the PEG ratio for coming 3-5 years is 2.39.
The technical analysis highlights that LifePoint Health, Inc. current is trading $-5.79 points away or -9.07% from its 50-day moving average of $63.79. Further it is trading $-8.32 or -12.55% away its 200-day moving average of $66.32.
The 52-week high of LifePoint Hospitals, Inc. (NASDAQ:LPNT) was $82.55 while lowest point recorded in 52-week was $54.82. It implies if stock price makes a movement of over $-24.55, it will record a new 52-week high. In the case of +5.80% drop, it will touch a new 52-week low.
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