Given the information below for HooYah! Corporation, compute the expected share price at the end of 2022
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Given the information below for HooYah! Corporation, compute the expected share price at the end of 2022 using price ratio analysis. Assume that the historical (arithmetic) average growth rates will remain the same for 2022.
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Year Price EPS CFPS SPS 2016 $8.00 -4.00 -9.00 5.00 2017 $44.50 -3.30 -6.50 13.50 2018 $116.00 -1.80 -2.80 18.10 2019 $193.00 -.55 -.25 20.30 2020 $83.00 .04 .03 23.80 2021 $13.50 .06 .08 21.95
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PE ratio NA NA NA NA 207500 22500 average 115000 EPS growth rates ...View the full answer
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Related Book For
Fundamentals Of Investments Valuation And Management
ISBN: 9781266824012
10th Edition
Authors: Bradford Jordan, Thomas Miller, Steve Dolvin
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