Why Phibro Animal Health Corporation (NASDAQ:PAHC) Is In News?


Thomson Reuters, a distinguished brokerage company, has placed a 52-week price target of $26.20 on Phibro Animal Health Corporation (NASDAQ:PAHC) shares after it surveyed top market analysts. Calculating estimated earnings after taking into consideration different elements, it is predicted to come at $1.41 for the next fiscal and $N/A for underway quarter.

Valuation Estimates

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 Phibro Animal Health Corporation (NASDAQ:PAHC) stands at 12.48.

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 Phibro Animal Health Corporatio, the PEG ratio for coming 3-5 years is 6.13.

Technical Analysis

The technical analysis highlights that Phibro Animal Health Corporatio current is trading $3.89 points away or +17.75% from its 50-day moving average of $21.94. Further it is trading $3.72 or +16.82% away its 200-day moving average of $22.11.

The 52-week high of Phibro Animal Health Corporation (NASDAQ:PAHC) was $37.27 while lowest point recorded in 52-week was $16.80. It implies if stock price makes a movement of over $-11.44, it will record a new 52-week high. In the case of +53.75% drop, it will touch a new 52-week low.

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