Next Weeks Broker Price Targets For MGIC Investment Corporation (NYSE:MTG)
- Author: Zachary Reyes Dec 30, 2016,
Dec 30, 2016, 10:15
Celgene Corporation has 52-Week high of $127 and 52-Week Low of $93.05. The Mean and Low price Targets are $11.05 and $9.5, respectively.
During the last trading session, the expensive price at which share traded, recorded at $10.59 and cheapest price at share trade was noted at $10.46. The firm shows the market capitalization of $91.48 Billion.
On July 19, 2016, it reported earnings at $0.26 a share compared with the consensus estimate of $0.2 per share (positive surprise of 30%). The difference between the actual and expected EPS is $0.1 a share with a surprise factor of 6.8%.
According to Finviz reported data, The SMA20 of the stock is at -1.57%, SMA50 is 3.43 percent, while SMA200 is 22.41%. The Price to Sales (P/S) of the stock is 3.39, while P/B (Price to Book) stands at 1.4. Considering the earnings reaction history, The Company has topped 83% percentage. The stock has its 52-Week High on Nov 16, 2016 and 52-Week Low on May 24, 2016. The market consensus range for revenue is between $259.3M and $272.7M, with an average of $265.37M. The median estimate represents a +17.45% increase from the last price of 117.92.
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MGIC Investment Corporation (NYSE:MTG), with -0.86% losses in previous 5 sessions, is under coverage of 13 analysts who collectively assign a buy rating on stock. The median estimate represents a +9.52% increase from the last price of 10.50.
MGIC Investment Corporation had its "neutral" rating reiterated by analysts at Credit Suisse. According to Zacks Investment Research, based on 4 analysts' forecasts, the consensus EPS forecast for the quarter is $0.22. The EPS for the most recent quarter is 0.16.
According to Zacks Investment Research, MGIC Investment Corp. has a Consensus Recommendation of 1.43.
When we look at the Analyst Recommendations of the stock, the company has 3.67 rating given by Analysts where 1 stands for Strong Buy and 5 stands for Strong Sell. The price-earnings ratio (P/E Ratio) is the ratio for valuing a company that measures its current share price relative to its per-share earnings. The company's market cap is $3.5 Billion, and the average volume is $5.17 Million.
MGIC Investment Corp. (NYSE:MTG) topped its 52-week high price of $10.59 on Dec 27, 2016 and 52-Week Low Price of $5.36 on Jun 27, 2016. The number of times the company has met analysts' estimates is 2. It has 339.04 million of outstanding shares and its shares float measured at 336.77. According to the Analysts, the Low Earnings estimate for the current quarter is $0.21, while the High earnings estimate is $0.24.Comparatively, EPS for the same quarter a year ago was $0.25. The difference between the actual and Estimated EPS is $-0.03.
The company has YTD performance of 18.91 percent.
The company's ATR (Average True Range) is 0.18.
Cousins Properties Incorporated's (CUZ) price volatility for a month noted as 2.30% however its price volatility for a week documented as 1.63%.
MGIC Investment Corporation has a 50 day moving average of 9.56 and a 200 day moving average of 7.95.
The Company now has ROA (Return on Assets) of 5.8 percent, Return on Equity (ROE) of 14 Percent and Return on Investment (ROI) of 36% with Gross margin of 0 percent and Operating & Profit margin of 49.2% and 32% respectively.