Sell-side Review on Geron Corporation (NASDAQ:GERN)

During the most recent trading session, shares of Geron Corporation (NASDAQ:GERN) ¬†changed +1.83%. Street analysts that track the company are anticipating the stock to go to $4.38 within the next year. Target price projections may vary greatly depending on the specific analyst providing data. This consensus target is compiled using 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. Geron Corporation currently has a P/E Ratio of N/A. 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 -2.38.

Looking at stock performance, company shares have recently traded $0.11 away from the 50-day moving average of $2.12 and $-0.29 away from the 200-day moving average of $2.52. The stock has been recently noted -57.92% off of the 52-week high of 5.30 and +23.20% off of the 52-week low of 1.81. 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.