Question
Shopify is currently trading for $859.68 and has a 29.76 times PE ratio. Analysts are projecting its current earnings per share (EPS) will grow 20%
Shopify is currently trading for $859.68 and has a 29.76 times PE ratio. Analysts are projecting its current earnings per share (EPS) will grow 20% over the next 12 months. If analysts are projecting Shopify's PE ratio will contract to 20 times, what will be its forecasted 12 month share price.
Question 9 options:
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| a) | None of these answers |
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| b) | $859.77 |
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| c) | $693.26 |
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| d) | $565,80 |
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| e) | $577,80 |
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The Traders Book Of Volume The Definitive Guide To Volume Trading
Authors: Mark Leibovit
1st Edition
0071753753,0071753761
