Thomson Reuters, a distinguished brokerage company, has placed a 52-week price target of $19.33 on Silver Bay Realty Trust Corp. (NYSE:SBY) shares after it surveyed top market analysts. Calculating estimated earnings after taking into consideration different elements, it is predicted to come at $0.82 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 Silver Bay Realty Trust Corp. (NYSE:SBY) 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 Silver Bay Realty Trust Corp. C, the PEG ratio for coming 3-5 years is 1.81.
The technical analysis highlights that Silver Bay Realty Trust Corp. C current is trading $0.68 points away or +3.79% from its 50-day moving average of $17.89. Further it is trading $3.10 or +20.07% away its 200-day moving average of $15.47.
The 52-week high of Silver Bay Realty Trust Corp. (NYSE:SBY) was $19.00 while lowest point recorded in 52-week was $12.03. It implies if stock price makes a movement of over $-0.43, it will record a new 52-week high. In the case of +54.36% drop, it will touch a new 52-week low.
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