With strong Market-to-Book ratio at 2.15 company is in strong position to sustain debts. Compared to its peers in Financial sector, volatility has been much low.. As per estimates by anaysts company earnings over the next 12 months shows signs of down turn ..
High PE ratio of 25.44 is indicative of the fact that the market might be overpricing the stock . However this interpretation is heavily based on comparison and does not seem to failrly valued as price are 19.37x times higher than the Financial sector.
Company investors don’t seem to be happy , as the price is now beaten near to its 52 week low on Tuesday . The stock currently trades near its 52 week high and continue to make reach further highs and higher lows.
As stocks continue to hit support at $18.38, SMA is by definition slow to react to real time price movements and its possible that company positive outlook maintained intact as it continues to trade 10.68% above 200 SMA.
HST PE are in line with the broader industry ‘s last fiscal PE ratiothough company PEG