Given the information below for HooYah! Corporation, compute the expected share price at the end of...
Fantastic news! We've Found the answer you've been seeking!
Question:
Transcribed Image Text:
Given the information below for HooYah! Corporation, compute the expected share price at the end of 2020 using price ratio analysis. Assume that the historical (arithmetic) average growth rates will remain the same for 2020. (Do not round intermediate calculations. Round your answers to 2 decimal places. Exclude negative annual PE and P/CFPS ratios from the average PE and average P/CFPS ratio calculations. When computing annual growth rates, use a positive sign on the annual rate of change if the per share value increased in value and use a negative sign on the annual rate of change if the per share value deceased in value.) Year Price EPS 2014 $28.00 -8.00 2015 $ 64.50 2016 $136.00 2017 2018 $213.00 $103.00 2019 $ 33.50 CFPS -16.00 -7.29 -13.50 -1.80 -.59 .04 .06 -2.80 -.25 SPS 25.00 33.50 28.10 31.60 .68 35.10 .08 41.95 Using PE ratio Using P/CF ratio Using P/S ratio Share Price Given the information below for HooYah! Corporation, compute the expected share price at the end of 2020 using price ratio analysis. Assume that the historical (arithmetic) average growth rates will remain the same for 2020. (Do not round intermediate calculations. Round your answers to 2 decimal places. Exclude negative annual PE and P/CFPS ratios from the average PE and average P/CFPS ratio calculations. When computing annual growth rates, use a positive sign on the annual rate of change if the per share value increased in value and use a negative sign on the annual rate of change if the per share value deceased in value.) Year Price EPS 2014 $28.00 -8.00 2015 $ 64.50 2016 $136.00 2017 2018 $213.00 $103.00 2019 $ 33.50 CFPS -16.00 -7.29 -13.50 -1.80 -.59 .04 .06 -2.80 -.25 SPS 25.00 33.50 28.10 31.60 .68 35.10 .08 41.95 Using PE ratio Using P/CF ratio Using P/S ratio Share Price
Expert Answer:
Answer rating: 100% (QA)
To calculate the expected share price at the end of 2020 using price ratio analysis we first need to ... View the full answer
Related Book For
Fundamentals Of Investments Valuation And Management
ISBN: 9781266824012
10th Edition
Authors: Bradford Jordan, Thomas Miller, Steve Dolvin
Posted Date:
Students also viewed these finance questions
-
An athlete training for an event does 5.28 x 10^4 J of work during a workout and gives off 2.97 x 10^5 J of heat. Consider the athlete to be like a heat engine. (a) Determine the magnitude of the...
-
The plates of a parallel capacitor, C = 4.5 uF, are separated by a distance of 0.12 mm. The charge on the plates is 2.5 * 10^-5 C. Find the voltage and electric field between the plates.
-
5 Melbourne Corporation has traditionally made a subcomponent of its major product. Annual production of 30,000 subcomponents results in the following costs: Direct materials Direct labor Variable...
-
When an 81.0-kg adult uses a spiral staircase to climb to the second floor of his house, his gravitational potential energy increases by 2.00 103 J. By how much does the potential energy of an...
-
Healthy Eating Foods Company is a distributor of nutritious snack foods such as granola bars. On December 31, 2019, the firm's general ledger contained the accounts and balances that follow....
-
An engineer prepares a report to evaluate a project using PW and IRR. Just before submitting the report, he spills coffee on it, making the first digit of the 2-digit IRR unreadable. The second digit...
-
Jupiter Company sells goods on January 1 that have a cost of $500,000 to Danone Inc. for $700,000, with payment due in 1 year. The cash price for these goods is $610,000, with payment due in 30 days....
-
Plot the exchange rate of US dollars against 3 other foreign currencies in separate figures from December 1st, 2019 to February 28th, 2023. Note: the exchange rate is defined as how much foreign...
-
______ is a specialized, non-geographically bound community that is based on a structured set of social relations among admirers of a brand.
-
Describe strategies to identify and select potential project sponsors. Describe strategies to identify and select potential project sponsors. Outline the macro level information of a project...
-
identify one strategic goal and trace that goal through the tactical and operational levels of planning with one specific example at each level. Specify the appropriate person in the organization...
-
What is the theoretical and practical implications for a study on the factors influencing the customers decisions to use online food delivery services after the Covid-19 pandemic in Malaysia....
-
Your company has determined that the time is right to expand globally. As a corporate manager within the organization, you have been assigned to identify and select a team of five to ten members from...
-
What are the political, economic, sociological, technological, legal and environmental elements that impact the global hotel industry in spain? please identify elements, factors and impacts for each...
-
Suppose a reactor operates at 2400 megawatts for one year and is then shutdown. What would be the decay power in megawatts in one year after the shutdown? Suppose, instead, that all the energy...
-
Find the inverse, if it exists, for the matrix. -1
-
Which of the following most accurately measures interest rate sensitivity for bonds with embedded options? a. Convexity b. Effective duration c. Modified duration d. Macaulay duration.
-
Screen for stocks that have the highest current dividend yield.
-
In Figure 14.1, locate the gold and wheat contracts. Where are they traded? What are the contract sizes for the gold and wheat contracts and how are their futures prices specified? Figure 14.1...
-
True or False: Annual worth analysis is the most popular DCF measure of economic worth.
-
Consider a palletizer at a bottling plant that has a first cost of \($150,000,\) operating and maintenance costs of \($17,500\) per year, and an estimated net salvage value of \($25,000\) at the end...
-
True or False: Unless non-monetary considerations dictate otherwise, choose the mutually exclusive investment alternative that has the greatest annual worth over the planning horizon.
Study smarter with the SolutionInn App