Thomson Reuters, a distinguished brokerage company, has placed a 52-week price target of $43.00 on Weingarten Realty Investors (NYSE:WRI) shares after it surveyed top market analysts. Calculating estimated earnings after taking into consideration different elements, it is predicted to come at $2.30 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 Weingarten Realty Investors (NYSE:WRI) stands at 22.46.
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 Weingarten Realty Investors Com, the PEG ratio for coming 3-5 years is 3.35.
The technical analysis highlights that Weingarten Realty Investors Com current is trading $-0.32 points away or -0.76% from its 50-day moving average of $41.96. Further it is trading $3.07 or +7.97% away its 200-day moving average of $38.57.
The 52-week high of Weingarten Realty Investors (NYSE:WRI) was $43.70 while lowest point recorded in 52-week was $30.21. It implies if stock price makes a movement of over $-2.06, it will record a new 52-week high. In the case of +37.84% drop, it will touch a new 52-week low.
1 Chart Pattern Every Investor Should Know