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. Note: Do not round intermediate calculations. Round your answers to 2 decimal places. Exclude negative annual P/E 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 2016 $ 17.00 -5.00 -18.00 14.00 2017 $53.50 -4.29 -15.50 22.50 Using PE ratio Using P/CF ratio Using P/S ratio $ $ Answer is complete but not entirely correct. Share Price $ 2018 2019 $125.00 $202.00 102.87 86.20 126.97 -2.30 -3.30 22.60 -0.40 -0.05 26.10 2020 $92.00 0.05 0.13 29.60 2021 $ 22.50 0.06 0.08 30.95
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. Note: Do not round intermediate calculations. Round your answers to 2 decimal places. Exclude negative annual P/E 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 2016 $ 17.00 -5.00 -18.00 14.00 2017 $53.50 -4.29 -15.50 22.50 Using PE ratio Using P/CF ratio Using P/S ratio $ $ Answer is complete but not entirely correct. Share Price $ 2018 2019 $125.00 $202.00 102.87 86.20 126.97 -2.30 -3.30 22.60 -0.40 -0.05 26.10 2020 $92.00 0.05 0.13 29.60 2021 $ 22.50 0.06 0.08 30.95
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
Related questions
Question
Please answer fast i give you upvote.
![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.
Note: Do not round intermediate calculations. Round your answers to 2 decimal places. Exclude negative annual P/E 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
2016
$ 17.00
-5.00
-18.00
14.00
2018
2017
2019
$53.50 $ 125.00 $ 202.00
-4.29
-2.30
-0.40
-15.50
-3.30
-0.05
22.50
22.60
26.10
Answer is complete but not entirely correct.
Share
Price
Using PE ratio
Using P/CF ratio
Using P/S ratio
$
$
$
102.87
86.20
126.97
2020
$92.00
0.05
0.13
29.60
2021
$ 22.50
0.06
0.08
30.95](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F19a7bf42-dffc-4a2e-9452-d573e06be104%2F433cd02a-48c2-4919-814e-ad3c25606590%2F9gdthk_processed.jpeg&w=3840&q=75)
Transcribed Image Text: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.
Note: Do not round intermediate calculations. Round your answers to 2 decimal places. Exclude negative annual P/E 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
2016
$ 17.00
-5.00
-18.00
14.00
2018
2017
2019
$53.50 $ 125.00 $ 202.00
-4.29
-2.30
-0.40
-15.50
-3.30
-0.05
22.50
22.60
26.10
Answer is complete but not entirely correct.
Share
Price
Using PE ratio
Using P/CF ratio
Using P/S ratio
$
$
$
102.87
86.20
126.97
2020
$92.00
0.05
0.13
29.60
2021
$ 22.50
0.06
0.08
30.95
Expert Solution
![](/static/compass_v2/shared-icons/check-mark.png)
This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
This is a popular solution!
Trending now
This is a popular solution!
Step by step
Solved in 3 steps with 5 images
![Blurred answer](/static/compass_v2/solution-images/blurred-answer.jpg)
Recommended textbooks for you
![Essentials Of Investments](https://compass-isbn-assets.s3.amazonaws.com/isbn_cover_images/9781260013924/9781260013924_smallCoverImage.jpg)
Essentials Of Investments
Finance
ISBN:
9781260013924
Author:
Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:
Mcgraw-hill Education,
![FUNDAMENTALS OF CORPORATE FINANCE](https://www.bartleby.com/isbn_cover_images/9781260013962/9781260013962_smallCoverImage.gif)
![Financial Management: Theory & Practice](https://www.bartleby.com/isbn_cover_images/9781337909730/9781337909730_smallCoverImage.gif)
![Essentials Of Investments](https://compass-isbn-assets.s3.amazonaws.com/isbn_cover_images/9781260013924/9781260013924_smallCoverImage.jpg)
Essentials Of Investments
Finance
ISBN:
9781260013924
Author:
Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:
Mcgraw-hill Education,
![FUNDAMENTALS OF CORPORATE FINANCE](https://www.bartleby.com/isbn_cover_images/9781260013962/9781260013962_smallCoverImage.gif)
![Financial Management: Theory & Practice](https://www.bartleby.com/isbn_cover_images/9781337909730/9781337909730_smallCoverImage.gif)
![Foundations Of Finance](https://www.bartleby.com/isbn_cover_images/9780134897264/9780134897264_smallCoverImage.gif)
Foundations Of Finance
Finance
ISBN:
9780134897264
Author:
KEOWN, Arthur J., Martin, John D., PETTY, J. William
Publisher:
Pearson,
![Fundamentals of Financial Management (MindTap Cou…](https://www.bartleby.com/isbn_cover_images/9781337395250/9781337395250_smallCoverImage.gif)
Fundamentals of Financial Management (MindTap Cou…
Finance
ISBN:
9781337395250
Author:
Eugene F. Brigham, Joel F. Houston
Publisher:
Cengage Learning
![Corporate Finance (The Mcgraw-hill/Irwin Series i…](https://www.bartleby.com/isbn_cover_images/9780077861759/9780077861759_smallCoverImage.gif)
Corporate Finance (The Mcgraw-hill/Irwin Series i…
Finance
ISBN:
9780077861759
Author:
Stephen A. Ross Franco Modigliani Professor of Financial Economics Professor, Randolph W Westerfield Robert R. Dockson Deans Chair in Bus. Admin., Jeffrey Jaffe, Bradford D Jordan Professor
Publisher:
McGraw-Hill Education