Thomson Reuters, a distinguished brokerage company, has placed a 52-week price target of $73.80 on National Health Investors, Inc. (NYSE:NHI) shares after it surveyed top market analysts. Calculating estimated earnings after taking into consideration different elements, it is predicted to come at $4.87 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 National Health Investors, Inc. (NYSE:NHI) stands at 18.37.
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 National Health Investors, Inc., the PEG ratio for coming 3-5 years is 4.08.
The technical analysis highlights that National Health Investors, Inc. current is trading $3.37 points away or +4.42% from its 50-day moving average of $76.27. Further it is trading $11.18 or +16.33% away its 200-day moving average of $68.46.
The 52-week high of National Health Investors, Inc. (NYSE:NHI) was $80.00 while lowest point recorded in 52-week was $53.64. It implies if stock price makes a movement of over $-0.36, it will record a new 52-week high. In the case of +48.47% drop, it will touch a new 52-week low.
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