Market experts has given a mean price target of $22.39 to World Wrestling Entertainment, Inc. (NYSE:WWE) stock. The target price is the mean of all calls released by analysts in First Call poll. They have EPS estimate of $0.12 for the near-term quarter and $0.48 for this year.
The technical assessment of World Wrestling Entertainment, pinpoints that the 50-day moving average of World Wrestling Entertainment, Inc. (NYSE:WWE) stock is $20.52, and is trading $0.06 points away or +0.31% from 50-day moving average of $20.52. It is trading $2.01 or +10.81% off 200-day MA of $18.57.
The 52-week high of World Wrestling Entertainment, Inc. (NYSE:WWE) was $21.55 while $14.20 is the low point in the same period. World Wrestling Entertainment, share price has to rise more than $-0.97 to register a high for 52-weeks or drop +44.93% to make 52-week low. MA should be referred to as moving average.
Without understanding when a stock is over-valued, or too richly priced, a shareholder may miss out on a chance to cash-in on a profit and investment. Worse, a shareholder might close up their position when a price has no direction.
World Wrestling Entertainment, Inc. (NYSE:WWE) P/E ratio is 66.17 while PEG ratio is at 2.14. By overlooking a firm’s price-to-earnings ratio, a shareholder could miss out to discover the true value of stocks and end up investing in the wrong stocks. A P/E ratio is a computation of how much investors are wanting to pay for a purchasing an equity relative to the firm’s earnings. It is valuable when comparing the equity price of one firm to another trading in the same industry. The P/E ratio is discovered by dividing market value of stock by average earnings per share in a specified period of time, for instance, the past year.
World Wrestling Entertainment, stock recorded a close of $20.58 in last trading session, which brings it market cap to $1.57B.
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