Target Price Review & Stock Update on Green Bancorp, Inc. (NASDAQ:GNBC)

During the past trading session, shares of Green Bancorp, Inc. (NASDAQ:GNBC) traded +0.00%. Covering analysts are predicting the stock to move to $11.38 within the next year. Depending on the analyst, target price projections may differ widely. This target price is a consensus number based on polled analysts by Thomson Reuters. 

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, Green Bancorp, Inc. has a price to earnings ratio of N/A. 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. If a company has a PEG Ratio below one, it may be viewed as undervalued. If a company has a PEG Ratio above one, it may indicate that the company is overvalued. A PEG Ratio near one may be seen as fair value. The stock presently has a PEG Ratio of 0.00.

Taking a brief view of stock performance, we see that company shares are currently trading $1.67 off the 50-day moving average of $11.28 and $3.10 off of the 200-day moving average of $9.85. The stock has been recently recorded -7.57% off of the 52-week high of 14.01 and +95.92% away from the 52-week low of 6.61. Tracking the stock price relative to moving averages and highs and lows for the year may help evaluate the future value of the stock.