The recent close of $57.90 is approximately 83% above the fair value buy target for the stock and approximately 11% below the fair value close target for the stock. The recent close is also 12% below analysts' $65.50 median target for the stock.
The recent close represents an 00% increase in price since the last baseline equity review was conducted in May 2013.
The stock currently has a trailing twelve-month PE Ratio of 18, and a PEG Ratio of 1.9 basis estimated forward earnings growth of 9.5%.
In the past 52 weeks, share prices have moved between a high of $58.92 and a low of $30.99, placing equilibrium at $51.10.
With the recent close, the stock is trading 2% below the 52 week high, 47% above the 52 week low, and 12% above equilibrium, with an average daily volume of 4.3 million shares.
Sandisck Corporation designs, develops, manufactures, and markets flash storage card products that are used in various consumer electronics products.
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.