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You have found the following historical information for the Daniela Company over the past four years: Year 1 Year 2 Year 3 Year 4 Stock
You have found the following historical information for the Daniela Company over the past four years:
Year 1 | Year 2 | Year 3 | Year 4 | |
Stock Price | $53.13 | $58.45 | $70.31 | $61.12 |
EPS | 2.35 | 2.47 | 2.78 | 3.18 |
Earnings are expected to grow at 1.71 percent for the next year. Using the company's historical average PE as a benchmark, what is the target stock price one year from today?
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