In the most recent session, Patterson-UTI Energy, Inc. (NASDAQ:PTEN) shares have traded +0.66%. Following the stock price relative to moving averages may offer enhanced perspective on stock performance. After a recent review, the stock has been noted $-1.84 away from the 50-day moving average of $26.16 and $-1.00 away from the 200-day moving average of $25.32. From a different angle, the stock has been recently recorded -18.28% off of the 52-week high of 29.76 and +51.43% removed from the 52-week low of 16.06.
Currently, Patterson-UTI Energy, Inc. has a price to earnings ratio of N/A. Analysts and investors may also opt to evaluate a company's PEG or price to earnings growth ratio. The PEG ratio represents the ratio of the price to earnings to the anticipated future growth rate of the company. If a company has a PEG Ratio below one, it may be viewed as undervalued. If a company has a PEG Ratio above one, it may show that the company is overvalued. A PEG Ratio near one may be viewed as fair value. The stock currently has a PEG Ratio of -1.62.
Price Target Update
Analysts polled by Thomson Reuters have set a consensus target price of $30.48 on shares. Target prices may vary from one analyst to another due to the various ways they may proceed to calculate future price targets. This is a near-term estimation for the next 12-18 months.
Home Depot Inc (NYSE:HD) shares have a current ABR (average broker recommendation) of 1.88. This recommendation is offered by Zacks Research. The rating lands on a sliding numerical scale from 1 to 5. A recommendation of 5 would indicate a Strong Sell, and a 1 would signify a Strong Buy. The mean rating may help provide a general sense of analyst sentiment on company shares.
Sell-side analysts taken into consideration by Zacks have also provided price target estimates on shares of Home Depot Inc (NYSE:HD). The highest current target is $175. The lowest price target out of the polled analysts is presently $141. The consensus target price is currently noted at $157.562. Analysts may employ various techniques to help predict future stock price levels.
On the earnings front, Home Depot Inc (NYSE:HD) is expected to post quarterly earnings per share of $1.6. This is the current consensus figure provided by Zacks. Investors and analysts will be looking for the company to next post earnings on or around 2017-05-16. Home Depot Inc (NYSE:HD) most recently reported quarterly EPS of $1.44 for the quarter ending 2017-01-31. The gap between the actual and the projected estimate leading up to earnings created a surprise factor of 8.27%.
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