The recent close of $15.53 is approximately 93% above the fair value buy target for the stock and approximately 6% below the fair value close target for the stock. The recent close is also 6% below analysts' $16.50 median target for the stock.
The recent close represents a 25% decrease in price since the last baseline equity review was conducted in August 2011.
The stock currently has a trailing twelve-month PE Ratio of 27, and a PEG Ratio of 0.8 basis estimated forward earnings growth of 35%.
In the past 52 weeks, share prices have moved between a high of $24.23 and a low of $13.30, placing equilibrium at $16.63.
With the recent close, the stock is trading 56% below the 52 week high, 14% above the 52 week low, and 7% below equilibrium.
Riverbed Technology, Inc. provides solutions to the fundamental problems associated with information technology (NYSE:IT) performance across wide area networks (WANs) in the United States and internationally.
All valuations are based on the listed company's most recent SEC annual filing, and all prices are per share.
Wax Ink currently has no investment position in the company mentioned in this alert.
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Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.