Thomson Reuters, a distinguished brokerage company, has placed a 52-week price target of $47.47 on Team Health Holdings, Inc. (NYSE:TMH) shares after it surveyed top market analysts. Calculating estimated earnings after taking into consideration different elements, it is predicted to come at $2.69 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 Team Health Holdings, Inc. (NYSE:TMH) stands at 55.96.
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 Team Health Holdings, Inc. Team, the PEG ratio for coming 3-5 years is 0.93.
The technical analysis highlights that Team Health Holdings, Inc. Team current is trading $-5.37 points away or -13.70% from its 50-day moving average of $39.17. Further it is trading $-7.84 or -18.82% away its 200-day moving average of $41.64.
The 52-week high of Team Health Holdings, Inc. (NYSE:TMH) was $63.56 while lowest point recorded in 52-week was $33.15. It implies if stock price makes a movement of over $-29.76, it will record a new 52-week high. In the case of +1.96% drop, it will touch a new 52-week low.
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