Let’s take a quick look at where covering equity analysts see Kimco Realty Corporation (NYSE:KIM) going in the future. Analysts polled have a current consensus target on company stock of $23.42.
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.
In order to arrive at a price target, analysts and investors alike use various metrics to determine where the stock might be headed. One of the most common is the Price to Earnings Ratio or P/E Ratio. This is calculated by taking the current share price and dividing it by the forecasted earnings per share. As of writing, Kimco Realty Corporation has a price to earnings ratio of 41.38. Taking a step further, investors can also look to a firm’s price to earnings growth or PEG ratio. The stock has a current PEG of 4.96 .
Some other technicals to consider would be the moving averages of the company. In comparing the current price level of the equity to their moving averages, the shares are trading $1.46 off of the 50-day average of $18.86 and $-0.83 away from the 200-day moving average of $21.15 .
Another important factor to consider when evaluating a stock’s current and future value are the 52 week high and low levels. As of the most recent bid at the time of writing, Kimco Realty Corporation shares are trading -35.76% away from the 52-week high mark of 31.63 and +19.39% off the 52-week bottom of 17.02.