In the most recent trading session, Sun Life Financial Inc. (NYSE:SLF) shares saw a move of +0.18%. Covering Wall Street analysts have a consensus target price of $35.22 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. Sun Life Financial Inc. Common currently has a P/E Ratio of 14.29. 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 4.47.
Looking at stock performance, company shares have recently traded $4.91 away from the 50-day moving average of $34.69 and $6.34 away from the 200-day moving average of $33.26. The stock has been recently noted -0.68% off of the 52-week high of 39.87 and +56.46% off of the 52-week low of 25.31. 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.