Is there Upside to Qiagen N.V. (NASDAQ:QGEN) ?

In the most recent trading session, Qiagen N.V. (NASDAQ:QGEN) shares saw a move of -0.8085%. Covering Wall Street analysts have a consensus target price of $28.2000 on the stock. Target predictions might differ vastly from analyst to analyst. This target is applying estimates from analysts polled by Thomson Reuters. 

Sell-side analysts are able to use multiple metrics in order to help calculate target price estimates. A widely used metric is a company’s preice to earnings ratio. This calculation is derived from dividing the current share price by the projected earnings per share. Qiagen N.V. currently has a P/E Ratio of 54.5950. Investors might 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. If a company has a PEG Ratio under one, it may be seen as undervalued. If a company has a PEG Ratio over one, it may represent that the company is overvalued. A PEG Ratio near one may be viewed as fair value. Currently, the company has a PEG Ratio of 2.5800.

Looking at stock performance, company shares have recently traded $0.8024 away from the 50-day moving average of $26.4951 and $2.4707 away from the 200-day moving average of $24.8268. The stock has been recently noted -4.2193% off of the 52-week high of 28.5000 and +36.8982% off of the 52-week low of 19.9400. Monitoring the stock price relative to moving averages and highs and lows for the year may help evaluate the value of the stock in the future.