Given the information below for HooYah! Corporation, compute the expected share price at the end...

70.2K

Verified Solution

Question

Finance

image

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 CFPS SPS 2014 $ 14.00 -6.00 -15.00 11.00 2015 $ 50.50 -5.29 -12.50 19.50 2016 $ 122.00 -2.00 -3.00 21.10 2017 $ 199.00 -.47 -.20 24.60 2018 $ 89.00 .04 33 28.10 2019 $ 19.50 ..06 .08 27.95 Share Price Using PE ratio Using P/CF ratio Using P/S ratio

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students