Last year, Sporty Goods, Inc. reported earnings per share of $5.00 when its stock price was $120.00. This year, its earnings increased by 25 percent. If the P/E ratio remains constant, what is likely to be the price of the stock?
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what is likelt to be the price of the stock ?? accounting
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- Last year, Rec Room Sports reported earnings per share of $8.50 when its stock price was $212.50.This year, its earnings increased by 20 percent. If the P/E ratio remains constant, what is likely tobe the price of the stock? ExplainAnswer? General accountingWhat is likely to be the price of the stock on these financial accounting question?
- Last year, Big W Company reported earnings per share of $2.50 when its stock was selling for$50.00. If its earnings this year increase by 10 percent and the P/E ratio remains constant, whatwill be the price of its stock? Explain.Last year, Rec Room Sports reported earnings per share of $7.80 when its stock price was $140.40. This year. its earnings increased by 25 percent. If the P/E ratio remains constant, what is likely to be the price of the Stock? (Round your answer to 2 declmal places.) Pice bf thssocePlease need answer the accounting question
- Last year, BrightTech Inc. reported earnings per share (EPS) of $5.50, and its stock price was $110.00. This year, its earnings increased by 15%. If the P/E ratio remains constant, what is likely to be the price of the stock? a) $120.75 b) $126.50 c) $115.00 d) $132.00Rutland Corp's stock price at the end of last year was $30.25 and its earnings per share for the year were $2.45. What was its P/E ratio?Last year, Big W Company reported earnings per share of $3.50 when its stock was selling for $87.50. If its earnings this year increase by 10 percent and the P/E ratio remains constant, what will be the price of its stock? (Do not round intermediate calculations. Round your final answer to 2 decimal places.) Stock Price
- A company expects EPS to be $2.52 next year. The industry average P/E ratio is 23.99 and Enterprise multiple is 7.57. The EBITDA for the company is $22.97 million. What is an estimate of the stock price using the method of comparables for P/E multiples? Round your answer to two (2) decimal places.What is the expected price of this stock one year from now on these financial accounting question?Over the past year, FedEx stock has gone from $204.7 to $228.01, and paid a dividend of $14.37. What was the percent return on FedEx's stock over the past year?