Let’s take a quick look at where covering equity analysts see USG Corporation (NYSE:USG) going in the future. Analysts polled have a current consensus target on company stock of $28.73.
Investors are usually scouring the markets for that next great stock pick. Locating that special winner to jumpstart the portfolio may involve lots of diligent hard work. Filing through the massive amounts of data regarding public companies can be an overwhelming task. Many successful investors will approach the equity markets from various sides. This may include keeping a close eye on the fundamentals as well as the technical data. This may also include following sell-side analyst opinions and tracking what the big money institutions are buying or selling.
Wall Street analysts have the ability to use various metrics to help calculate target projections. A commonly used metric is a company’s P/E Ratio. This calculation stems from dividing the current share price by the projected earnings per share. At the time of this writing, USG Corporation has a price to earnings ratio of 8.56. Investors may also 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. The stock presently has a PEG Ratio of 1.64 .
Taking a brief view of stock performance, we see that company shares are currently trading $-1.49 off the 50-day moving average of $28.16 and $-3.73 off of the 200-day moving average of $30.40 . The stock has been recently recorded -23.07% off of the 52-week high of 34.67 and +12.48% away from the 52-week low of 23.71. Tracking the stock price relative to moving averages and highs and lows for the year may help evaluate the future value of the stock.